BUSINESSQUARTZ
Nasdaq posted stronger profit as SpaceX IPO and volatile markets drove revenue higher
Nasdaq reported a 15% increase in net revenue to $1.5 billion for the quarter, driven by the SpaceX IPO and volatile markets. Adjusted profit rose to $1.07 per share.
Related Signal
Adjacent reporting
- From 10% chance of success to $2 trillion market cap: SpaceX's historic IPO
- SpaceX IPO Filing Shows $4.69 Billion in First-Quarter Revenue
- SpaceX gains 11% in premarket trading as momentum builds
- SpaceX gains 3% after surpassing Amazon in market cap
- US stocks rise after oil prices ease and SpaceX soars in its debut on Wall Street
- SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits