Nasdaq Sees 6% YoY Increase in Net Revenue in Q2 2022

The US stock exchange operator, Nasdaq, has published its financial results for the second quarter of 2022, showing a 6 percent year-over-year gain in its net revenue. This figure came in at $893 million.

Nasdaq further detailed that it generated $76 million, or 9 percent of its net revenues from organic growth, including positive contribution from all segments, partially offset by a $19 million decrease from the impact of changes in FX rates and a $10 million decrease from the net impact of acquisitions and divestitures.

Apart from its stock market business, Nasdaq is also a major provider of financial data. The announcement elaborated that the firm's solutions segment fetched $582 million in revenues in the period. Moreover, net revenues of the market services brought in $310 million.

The company also posted that its annualized recurring revenue went up by 9 percent year-over-year to touch $1.965 billion in Q2. During the first six months of 2022, the company returned $819 million to shareholders, including $633 million in share repurchases and $186 million in dividends.

​Adena Friedman, President and CEO said, "Nasdaq's robust second quarter results and continued top-line growth demonstrate the importance of our diverse and distinctive offerings to our clients, even during challenging market environments. I am proud of our ability to deliver consistently while positioning our company to capture future growth opportunities through focused investments."