Nasdaq Q3 net revenue rises 22% to $1.1 billion; GAAP EPS falls 11% to $0.53
Nasdaq reported third-quarter 2024 net revenue of $1,146 million, up 22% from a year earlier, while GAAP diluted earnings per share fell 11% to $0.53 and non-GAAP diluted EPS rose 5% to $0.74. The company also updated its 2024 non-GAAP operating expense and tax rate guidance and declared a quarterly cash dividend, with $0.24 per share declared in the quarter compared with $0.22 a year earlier.
Key points
- Net revenue (revenues less transaction-based expenses) was $1,146 million, up from $940 million; on a pro forma basis, growth was 10%.
- GAAP diluted EPS was $0.53, down from $0.60; non-GAAP diluted EPS was $0.74, up from $0.71.
- 2024 non-GAAP operating expense guidance was updated to $2,150 million to $2,180 million, and non-GAAP tax rate guidance to 23.5% to 24.5%.
- The company returned $138 million to shareholders through dividends and $88 million through share repurchases in the quarter, with $1.7 billion remaining under its buyback authorization.
The filing
Written by AI on Nov 8, 2026, 1:42 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 October 24, 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.