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CME Group Inc. (CME-0.62%) has submitted its 10-Q filing for the quarterly period ended September 30, 2024.
The filing includes financial statements for the quarter, showing an increase in total revenues to $1,584.4 million from $1,337.8 million in the same quarter the previous year. This increase is attributed to higher trading volumes across various product lines.
Clearing and transaction fees rose by 20% to $1,297.1 million, driven by increased contract volumes in interest rate, equity index, and energy products.
Market data and information services revenue increased by 6% to $178.2 million, primarily due to price increases for certain products.
Total expenses for the quarter were $560.2 million, up from $517.6 million in the previous year, with increases in technology support services and license fees.
Net income for the quarter was $912.8 million, up from $750.2 million in the previous year. Diluted earnings per share increased to $2.50 from $2.06.
Cash provided by operating activities was $2,672.6 million, while cash used in investing activities was $57.3 million.
CME Group had a working capital of $2,322.1 million as of September 30, 2024. The company maintains a $2.3 billion multi-currency revolving senior credit facility.
The filing also details legal proceedings, including a class action complaint filed in 2014, and notes no material changes in risk factors from the previous annual report.
CME Group declared a regular quarterly dividend of $1.15 per share, payable on December 27, 2024, to shareholders of record on December 9, 2024.
This content was summarized by generative artificial intelligence using public filings retrieved from SEC.gov. The original data was derived from the CME Group Inc. quarterly 10-Q report dated November 8, 2024. To report an error, please email earnings@qz.com.