TMX Group Inc. reports results for Fourth Quarter 2009

TMX Group Inc. reports results for Fourth Quarter 2009

10/02/10

  • Record revenue of $153.0 million for Q4/09
  • Record revenue of $556.3 million for 2009
  • Q4/09 diluted loss per share of $0.36 after non-cash goodwill impairment charge and income tax charge related to reduction in value of future tax assets and liabilities
  • Adjusted diluted EPS in Q4/09 of 82 cents, up 26% over Q4/08
  • Full year 2009 diluted EPS of $1.41 after non-cash goodwill impairment charge and income tax charge related to reduction in value of future tax assets and liabilities
  • Full year 2009 adjusted diluted EPS of $2.59, down 3% over 2008

TMX Group Inc. [TSX:X] announced results for the fourth quarter and year ended December 31, 2009.

Commenting on the past year, Thomas Kloet, Chief Executive Officer of TMX Group noted: “In 2009, we advanced our goal of diversifying our product and revenue mix, successfully completed the integration of the Montréal Exchange and strengthened our energy portfolio with the acquisition and integration of NetThruPut’s crude oil business into NGX. We further expanded our geographic reach with the acquisition of 19.9% of EDX London Limited. In addition, we were extremely pleased with the record level of total financings and trading volumes achieved on our equity markets in 2009, a potential indication of broader market recovery from the economic downturn.”