April 24, 2019 / 11:15 AM / a month ago

Nasdaq reports rise in first quarter earnings

NEW YORK, April 24 (Reuters) - Nasdaq Inc on Wednesday reported a rise in first quarter profits on Wednesday as a pickup in the exchange operator's non-transactional businesses, including market technology, helped offset a softer trading environment.

The company's net income rose to $247 million, or $1.48 per diluted share, in the quarter ended March 31, from $177 million, or $1.05 per diluted share, a year earlier. (Reporting by John McCrank)

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