TMX Group posts profit

Fri Nov 9, 2012 6:33am EST
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Nov 9 (Reuters) - TMX Group Ltd, operator of the Toronto Stock Exchange, reported a profit in its first quarterly results after it was bought by a group of Canadian banks, pension funds and insurers.

Net earnings were C$15.3 million, or 53 Canadian cents per share, compared with a loss of C$13.3 million, or C$109.79 per share, a year earlier, when it took an acquisition-related charge.

On an adjusted basis, the company earned 67 Canadian cents per share.