Reuters logo
Options exchange operator CBOE's profit slumps 69.3 pct
May 9, 2017 / 11:42 AM / 6 months ago

Options exchange operator CBOE's profit slumps 69.3 pct

May 9 (Reuters) - CBOE Holdings Inc, the operator of the largest U.S. options exchange, reported a 69.3 percent fall in quarterly profit, hit by higher costs.

Chicago-based CBOE’s net income allocated to common shareholders fell to $15.1 million, or 16 cents per share, in the first quarter ended March 31, from $49.2 million, or 60 cents per share, a year earlier.

The company’s operating expenses rose to $167.3 million from $63.6 million.

Reporting by Diptendu Lahiri in Bengaluru; Editing by Arun Koyyur

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below