Nasdaq Delivers Strong Q3 Results and Innovates for the Future Through AI and Strategic Acquisitions
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Nasdaq reported strong Q3 results with 6% revenue growth and 37% of revenues from SaaS. Anti-Financial Crime solutions saw impressive 21% growth.
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Shareholder returns remain a priority through dividends, buybacks, and consistent growth. Dividend increased 10% in April.
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Nasdaq is innovating with new technologies like AI and cloud. Acquiring Adenza will boost capabilities in anti-financial crime.
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Attractive valuation with P/E of 18.3x versus historical 18.7x. Expected to deliver mid-single digit EPS growth.
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Transformation into financial powerhouse through next-gen capabilities positions Nasdaq for significant growth. Strategic acquisitions enhancing cross-selling potential.