Latest news with #SarahYoungwood
Yahoo
3 days ago
- Business
- Yahoo
Nasdaq (NDAQ) Climbs on Impressive Q2 Earnings
We recently published . Nasdaq, Inc. (NASDAQ:NDAQ) is one of the best-performing stocks on Thursday. Nasdaq Inc. saw its share prices increase by 5.91 percent on Thursday to close at $93.50 apiece after reporting impressive earnings performance in the second quarter of the year. In its earnings statement, Nasdaq, Inc. (NASDAQ:NDAQ) said net income during the period more than doubled to $452 million from $222 million previously, pushing its six-month figure higher by 86 percent to $847 million from $456 million previously. Net revenues increased by 12 percent to $1.3 billion from $1.16 billion year-on-year, with the six-month figure up by 9.6 percent at $2.5 billion from $2.28 billion. 'Nasdaq's financial results highlight the resilience of our business model and its ability to achieve exceptional revenue and earnings growth with strong free cash flow generation,' said Nasdaq, Inc. (NASDAQ:NDAQ) CFO Sarah Youngwood. 'We are executing well on our capital allocation priorities, including repaying debt, and have surpassed our gross leverage milestone 16 months ahead of plan. We will optimize for long-term investor returns as we make organic growth investments and balance further deleveraging with opportunistic share repurchases,' she added. While we acknowledge the potential of NDAQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Nasdaq (NDAQ) Climbs on Impressive Q2 Earnings
We recently published . Nasdaq, Inc. (NASDAQ:NDAQ) is one of the best-performing stocks on Thursday. Nasdaq Inc. saw its share prices increase by 5.91 percent on Thursday to close at $93.50 apiece after reporting impressive earnings performance in the second quarter of the year. In its earnings statement, Nasdaq, Inc. (NASDAQ:NDAQ) said net income during the period more than doubled to $452 million from $222 million previously, pushing its six-month figure higher by 86 percent to $847 million from $456 million previously. Net revenues increased by 12 percent to $1.3 billion from $1.16 billion year-on-year, with the six-month figure up by 9.6 percent at $2.5 billion from $2.28 billion. 'Nasdaq's financial results highlight the resilience of our business model and its ability to achieve exceptional revenue and earnings growth with strong free cash flow generation,' said Nasdaq, Inc. (NASDAQ:NDAQ) CFO Sarah Youngwood. 'We are executing well on our capital allocation priorities, including repaying debt, and have surpassed our gross leverage milestone 16 months ahead of plan. We will optimize for long-term investor returns as we make organic growth investments and balance further deleveraging with opportunistic share repurchases,' she added. While we acknowledge the potential of NDAQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
