MarketAxess Q4 EPS From Cont. Ops Rises - Quick Facts

(RTTNews) - MarketAxess Holdings Inc. (MKTX), the operator of a leading electronic trading platform for fixed-income securities, Wednesday said fourth-quarter net income slipped to $21.64 million from $23.13 million in the prior year. Earnings per share fell to $0.57 from $0.61.

Income from continuing operations improved to $0.57 from $0.41. On average, five analysts polled by Thomson Reuters expected earnings of $0.52 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues advanced to $70.17 million from $60.44 million in the previous year. Analysts expected revenues of $69.94 million.

The company's board of directors declared an increase in quarterly cash dividend to $0.20 per share of common stock outstanding, to be paid on February 26, to stockholders of record as of the close of business on February 12.