MarketAxess Q2 revenue rises 10% to $197.7 million; diluted EPS $1.72 vs $1.59
MarketAxess reported second-quarter 2024 revenue of $197.7 million, up 10%, and diluted earnings per share of $1.72, up from $1.59 a year earlier. The company also approved a new $200.0 million share repurchase program, which together with $50.0 million remaining under its existing program brings total authorization to $250.0 million, and declared a $0.74 quarterly dividend.
Key points
- Total revenues $197.7 million, up 10%; net income $64.9 million vs $59.9 million in the prior-year quarter
- Diluted EPS $1.72 vs $1.59; prior-year quarter included a negative $0.04 per share impact from foreign currency and investment losses
- New $200.0 million repurchase authorization, plus $50.0 million remaining, for $250.0 million total as of August 6, 2024
- Quarterly dividend of $0.74 per share payable September 4, 2024 to holders of record as of August 21, 2024
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.