Rough Quarter For Nasdaq
Traders Magazine, December 2001
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.
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