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MarketAxess Holdings Inc. (MKTX) reported Wednesday that its second-quarter net income declined to $67.3 million or $1.77 per share from $83.9 million or $2.20 per share in the prior-year quarter.


RTTNews | Jul 21, 2021 06:45AM EDT

06:45 Wednesday, July 21, 2021 (RTTNews.com) - MarketAxess Holdings Inc. (MKTX) reported Wednesday that its second-quarter net income declined to $67.3 million or $1.77 per share from $83.9 million or $2.20 per share in the prior-year quarter.

On average, 10 analysts polled by Thomson Reuters expected the company to report earnings of $1.75 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter decreased 4.6% to $176.3 million from $184.8 million in the same quarter last year. Analysts expected revenues of $183.55 million for the quarter.

The Company's board of directors also declared a quarterly cash dividend to $0.66 per share of common stock outstanding, to be paid on August 18, 2021 to stockholders of record as of the close of business on August 4, 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3210584/marketaxess-q2-profit-declines-but-tops-estimates-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

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