Q: Can you comment on tmx quarterly results. Did they beat or miss expectations and what do you think over all? Thanks
5i Research Answer:
EPS came in 1c below of expecations of 39c, while revenue beat estimates of $343.59M coming in at $345.9M displaying 16% year-over-year growth. Excluding revenue from TMX VettaFi, revenue was up 3% year-over-year. Earnings were decent with nothing alarming overall. X did increased its dividend by 6% which was good to see.