Financial services company Cboe Global Markets, Inc. (CBOE: CBOE) on Friday reported financial results for the third quarter of fiscal 2025.
- Third-quarter earnings per share increased 38% year-over-year to a record high of $2.85
- On an adjusted basis, earnings climbed 20% annually to $2.67 per share, an all-time high
- At $605.5 million, September-quarter revenue was up14% YoY, which is the highest ever recorded by the company
- The management increased its full-year 2025 organic total revenue growth target to low double-digit to mid-teens from high single-digit
- It also raised Cboe Data Vantage organic revenue growth guidance for FY25 to high single-digit to low double-digit from mid to high single-digit
- Full-year adjusted operating expense target has been reduced to $827-842 million, from the previous forecast in the range of $832 million to $847 million