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Article: NASDAQ announces second quarter 2005 results - Net income increases 191.7% from prior year on 8.7% gross margin increase and 6.6% total expense reduction.
- Article from:
- M2 Presswire
- Article date:
- July 29, 2005
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M2 PRESSWIRE-29 July 2005-NASDAQ: NASDAQ announces second quarter 2005 results - Net income increases 191.7% from prior year on 8.7% gross margin increase and 6.6% total expense reduction(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:28072005
New York - The NASDAQ Stock Market, Inc.("NASDAQ "; NASDAQ: NDAQ), today reported net income of $14.0 million, or $0.13 per diluted share, for the second quarter 2005, an increase of $9.2 million when compared to net income of $4.8 million, or $0.02 per diluted share, for the second quarter 2004, and an increase of 10.2% from net income of $12.7 million, or $0.13 per diluted share, for the first quarter 2005.
Gross margin, which ...