TMX Group Ltd. (X.TO) Wednesday reported a fourth-quarter profit of C$32.8 million or C$0.61 per share, compared to a loss of C$10.2 million or C$54.77 per share in the same period last year.
The Fourth-quarter results reflect the first full quarter for TMX Group Ltd., following the completion of the two-step acquisition of TMX Group Inc. on September 14, 2012 and the acquisitions of The Canadian Depository for Securities Ltd. and Alpha Trading Systems Inc. and Alpha Trading Systems Limited Partnership.
Adjusted earnings for the quarter was C$0.95 per share, compared to C$0.03 per share last year.
TMX Group Ltd. reported revenues of C$181.1 million in fourth quarter. This compares to C$161.7 million recorded last year, which includes C$22.4 million of revenue from CDS and C$4.7 million of revenue from Alpha.
The Board of TMX Group Ltd. have also declared a dividend of C$0.40 on each common share outstanding, payable on March 8, to shareholders on record February 22.
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