January 31, 2018 / 12:11 PM / 3 months ago

Nasdaq posts quarterly profit on higher market services

Jan 31 (Reuters) - U.S. exchange operator Nasdaq Inc posted a fourth-quarter profit, helped by higher revenue at its market services unit.

The company reported net income attributable of $246 million, or $1.45 per share, in the fourth quarter ended Dec. 31, compared with a loss of $224 million, or $1.35 per share, a year ago.

Revenue, excluding transaction-based expenses, rose 6 percent to $635 million. (Reporting By Aparajita Saxena in Bengaluru; Editing by Supriya Kurane)

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