August 5, 2015 / 11:56 PM / 2 years ago

Toronto Stock Exchange operator TMX posts quarterly profit

1 Min Read

A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, in this June 23, 2014 file photo.Mark Blinch

TORONTO (Reuters) - TMX Group Ltd (X.TO), the operator of the Toronto Stock Exchange, posted a quarterly profit compared with a year-ago loss which included a non-cash impairment charge.

The Toronto-based company said it had earned net profit attributable to shareholders of C$27.6 million, or 51 Canadian cents per share, in the quarter, compared with a loss of C$26.4 million, or 49 Canadian cents per share, a year earlier.

The company took a C$128.4 million pre-tax non-cash impairment charge related to its Box U.S. options business and other costs last year.

Revenue fell marginally to C$178.7 million.

Reporting by Alastair Sharp in Toronto and Anannya Pramanick in Bengaluru; Editing by Lisa Shumaker

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below