Intercontinental Exchange Announces Mixed Results for Q4 2016 and Full Year
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Intercontinental Exchange Announces Mixed Results for Q4 2016 and Full Year
Intercontinental Exchange (NYSE:ICE), a global network of exchanges and clearing houses, has reported its financial results for the fourth quarter and year ending December 31, 2016, according to an ICE statement.
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During Q4 2016, ICE unveiled the adjusted net income attributable to the group at $352 million on $1.13 billion of consolidated revenues less transaction-based expenses– this represents a loss of -4.9 percent year-on-year from $370 million in Q4 2015. Furthermore, ICE reported diluted earnings per share (EPS) of $0.59 in Q4 2016 on a GAAP basis, a ... (read more)
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