NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Wednesday reported third-quarter net income of $54.9 million.
On a per-share basis, the New York-based company said it had net income of $1.46.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.
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The operator of bond trading platforms posted revenue of $172.3 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $173.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKTX at https://www.zacks.com/ap/MKTX