TMX Group Ltd. earns $82.7 million in third quarter, revenue rises 23 per cent

TMX Group Ltd. X-T says it earned $82.7 million in its third quarter, slightly down from $85.

3 million a year earlier. Revenue for the company that operates the Toronto Stock Exchange totalled $353.8 million.



That’s up 23 per cent from $287.3 million during the same quarter last year. Diluted earnings per share were 30 cents, down from 31 cents a year earlier.

CEO John McKenzie says the company has delivered three consecutive quarters of organic revenue growth. He says positive momentum in high-growth areas of the business coupled with strong performance in more traditional markets were partially offset by challenging capital-raising conditions..