Summary
Nasdaq, Inc. (NDAQ) filed an 8-K on October 19, 2022, to report its third-quarter 2022 financial results and announce the declaration of a quarterly cash dividend. The company provided its Q3 2022 earnings press release as an exhibit, detailing its financial performance for the period. This filing also included supplemental recast financial information for 2020-2022, reflecting a previously announced organizational restructuring into three new business divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime. This recast information is intended to help investors analyze historical results under the new segment structure, which will be effective by the end of Q4 2022. Investors should note that while the Q3 earnings and dividend information are presented, the detailed financial figures are contained within the attached press release (Exhibit 99.1) and dividend announcement (Exhibit 99.3). The company also made presentation slides available on its website. The segment reporting changes signify a strategic shift in how Nasdaq will present its future financial performance, providing a clearer view of its distinct business operations.
Key Highlights
- 1Nasdaq reported its third-quarter 2022 financial results via a press release filed with the SEC.
- 2The company announced the declaration of a quarterly cash dividend on October 18, 2022.
- 3Nasdaq is reorganizing its business into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime, effective by the end of Q4 2022.
- 4Supplemental recast financial information for 2020-2022 reflecting the new segment structure has been furnished to aid investor analysis.
- 5Future financial reporting, starting with Q4 2022 results, will align with the new corporate structure.
- 6Presentation slides for the Q3 2022 earnings were made available on Nasdaq's website.