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Nasdaq Inc. Q1 adjusted earnings Beat Estimates

Nasdaq Inc. (NDAQ) reported earnings for its first quarter that increased from last year.

The company's earnings totaled $247 million, or $1.48 per share. This compares with $177 million, or $1.05 per share, in last year's first quarter.

Excluding items, Nasdaq Inc. reported adjusted earnings of $204 million or $1.22 per share for the period.

Analysts had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.8% to $634 million from $666 million last year.

Nasdaq Inc. earnings at a glance:

-Earnings (Q1): $204 Mln. vs. $207 Mln. last year.
-EPS (Q1): $1.22 vs. $1.22 last year.
-Analysts Estimate: $1.17
-Revenue (Q1): $634 Mln vs. $666 Mln last year.

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