Intercontinental Exchange Reports Second Quarter 2019
Summary
“We remain focused on innovating for our customers, investing in future growth and creating value for our stakeholders.” Scott A. Hill, ICE Chief Financial Officer, added: “Through the first half of the year, we have grown revenues, earnings-per-share and cash flows, enabling us to return over $1 billion to stockholders. As we look to the second half of 2019, we remain focused on disciplined investment in support of our strategic growth initiatives.” Second quarter consolidated net revenues were $1.3 billion, up 4% year-over-year. Historical futures, options and cash ADV, rate per contract, open interest data and CDS cleared information can be found at: http://ir.theice.com/investors-and-media/supplemental-volume-info/default.aspx We use non-GAAP measures internally to evaluate our performance and in making financial and operational decisions. In addition, we believe the presentation of these measures is useful to investors for period-to-period comparison of results because the items described below as adjustments to GAAP are not reflective of our core business performance. ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets.