Nasdaq Profit Tops Estimates on Robust Demand for Investment Products
KONTAN.CO.ID - Nasdaq Inc topped Wall Street estimates for first-quarter profit on Wednesday. Driven by robust demand for its investment-related products that offset a lull in initial public offerings.
The stock exchange operator has looked to increasingly diversify its offerings and reposition itself as a leading financial technology company with an expanding footprint in the software sector, offering analytics, data and cloud services.
