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Cboe Reported Net Revenue of $350.6 Million in Q2 2021,up 18% YoY

Source: Valerie

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Cboe Global Markets, a leading provider of market operator and trading solutions, has reported its financial results for Q2 2021. Its net revenues reached $351 million in the second quarter, increasing around 18% compared to Q2 2020.

The adjusted diluted EPS for the second quarter of 2021 reached $1.38, up 5% compared to $1.31 in Q2 2020. Operating income for the latest quarter stood at $190 million, up 17% compared to $161.7 million in Q2 2020.

Cboe paid $79 million to shareholders via share repurchases and dividends, during the second quarter of 2021. The total operating expenses during the last quarter were $160.6 million.

 “We are pleased to report another quarter of solid financial results and ongoing momentum in executing against our strategic priorities. Our strong cash flow generation allowed us to return nearly $79 million to shareholders through share repurchases and dividends in the second quarter while continuing to invest in the long-term growth of our business.” Brian N. Schell, Cboe Global Markets Executive Vice President, Chief Financial Officer and Treasurer, said.

As of June 30, 2021, the company had approximately $318.9 million of availability remaining under its existing share repurchase authorizations.

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