TMX Group Reports Weak Q4 Earnings as Revenues Plunge

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TMX Group Reports Weak Q4 Earnings as Revenues Plunge

Postby kreslik.news » Thu Feb 11, 2016 1:20 pm


TMX Group, operator of the Toronto Stock Exchange and four sovereign marketplaces, has disclosed its Q4 financial metrics, ending December 31 2015, having incurred lower revenues and figures over a yearly basis, according to a TMX statement.

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During Q4 2015, TMX’s revenue came in at $177.1 million, which constitutes a decline of -3.1% YoY from $182.7 million in Q4 2014. This figure was bogged down by the group’s income from operations, which tumbled to $52.3 million in Q4 2015 from $67.0 million in Q4 2014, or 21.9% YoY. ... (read more)

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