Nasdaq Q2 revenue rises 25% to $1.2 billion; GAAP EPS falls 30% to $0.38
Nasdaq reported second-quarter 2024 net revenues of $1.2 billion, up 25% from a year earlier and up 10% on a pro forma basis, while GAAP diluted earnings per share fell 30% to $0.38. The company also updated its 2024 non-GAAP operating expense guidance and announced a quarterly cash dividend, with the second-quarter dividends declared at $0.24 per share.
Key points
- Net revenues were $1.2 billion, up 25% year over year and 10% pro forma; Solutions revenues were $901 million, up 34%.
- GAAP diluted EPS was $0.38, down 30%; non-GAAP diluted EPS was $0.69, down 3%.
- 2024 non-GAAP operating expense guidance updated to $2,145 million to $2,185 million; non-GAAP tax rate guidance of 24.5% to 26.5% maintained.
- Cash dividends declared were $0.24 per common share in the second quarter of 2024, versus $0.22 a year earlier.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits 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 July 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.