Intercontinental Exchange Expects Fiscal Year Capital Spending of At Least $410 Million
October 29 2020 - 8:23AM
Dow Jones News
By Micah Maidenberg
Intercontinental Exchange Inc. said Thursday it expects to
generate at least $590 million in fourth-quarter revenue from its
data-services unit.
The owner of the New York Stock Exchange said it anticipates at
least $855 million in operating expenses for the quarter and
non-operating costs of at least $75 million.
Capital spending for 2020 is expected to range from $410 million
to $420 million, Intercontinental said.
Write to Micah Maidenberg at micah.maidenberg@wsj.com
(END) Dow Jones Newswires
October 29, 2020 08:08 ET (12:08 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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