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Nasdaq first-quarter profit surges on boost from OMX buyout
posted 8:03 am Thu May 08, 2008 - NEW YORK
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Nasdaq OMX Group says its first-quarter profits surged with its first combined quarterly report that includes Sweden's OMX stock exchange.The nation's largest electronic exchange said Thursday that earnings rose to $121.4 million, or 69 cents per share, from $18.3 million, or 14 cents a share, a year earlier. Profits excluding one-time costs and benefits as well as buyout expenses for OMX AB have risen to $62.1 million, or 42 cents a share, in the latest period.
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