Nasdaq registers 22% Y/Y increase in revenues in Q3 2024

Nasdaq registers 22% Y/Y increase in revenues in Q3 2024

Nasdaq, Inc. (NASDAQ:NDAQ) today reported its financial results for the third quarter of 2024.

For the three months to end-September 2024, net revenue was $1.1 billion, reflecting 22% growth versus the prior year period while non-GAAP net revenue was $1.2 billion. Revenue growth included a $146 million benefit related to the acquisition of Adenza. Net revenue grew 10% on a pro forma basis.

Solutions revenue was $872 million in the third quarter of 2024, up 26% versus the prior year period, or 10% growth on a pro forma basis, reflecting strong growth from Index and Financial Technology.

ARR grew 31% year over year, or 8% on a pro forma basis, in the third quarter of 2024 with 14% pro forma ARR growth for Financial Technology and 2% ARR growth for Capital…
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