Free Site Registration

Rough Quarter For Nasdaq

Traders Magazine, December 2001

Gregory Bresiger

Nasdaq, facing the same problems as the rest of the securities industry, had a difficult third quarter in 2001. Net income was $7.9 million compared to $22 million for the same period of last year. That translates into seven cents a share versus 18 cents a share in the year 2000 for the Washington-based group. Revenues dropped by 2.5 percent to $197.7 million and expenses rose by 18 percent, compared to the same period of last year.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?