- Revenue of $135.8 million for Q1/09, up 21% over Q1/08
- Diluted EPS of 58 cents for Q1/09, up 18% over Q1/08
- Diluted EPS of 58 cents down 19% from Q1/08 adjusted diluted EPS prior to loss on termination of joint venture?
- Cash flows from operating activities in Q1/09 of $60.7 million, down 10% versus Q1/08
TMX Group Inc. [TSX:X] announced results for the first quarter ended March 31, 2009.
Thomas Kloet, Chief Executive Officer of TMX Group said, “Our priorities for growth remain clear despite the challenging global economic environment thus far in 2009. We continued to make excellent progress on our key initiatives during the first quarter, including the integration of the Montréal Exchange within TMX Group, the enhancement of our Quantum and SOLA trading and SOLA clearing platforms and the launch of new derivative products. We remain committed to investing in our core business and new opportunities while looking for ways to realize efficiencies.”
Michael Ptasznik, Chief Financial Officer of TMX Group said, “Despite the impact of difficult market conditions in the first quarter, the benefits of diversifying TMX Group are evident in our results. While issuer services and equity trading revenue declined, some key areas of our business continued to experience revenue growth over the first quarter of last year, including our energy segment, as well as our market data and fixed income trading operations.”
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