EDISON EQUITY RESEARCH - OTC MARKETS GROUP
November 27 2014 - 8:00AM
InvestorsHub NewsWire
EDISON EQUITY RESEARCH:
OTC MARKETS GROUP - RECORD QUARTERLY
REVENUES AND A SPECIAL DIVIDEND
OTC Markets Group (OTCQX: OTCM) provides regulated marketplaces
offering a cost-effective solution for targeting US investors. Q314
gross revenues rose 21% compared with Q313, driven by a 36%
increase in Market Data Licensing revenue from re-pricing and an
increase in subscribers. This led to a 53% increase in operating
profits and a 35%
y-o-y increase in net income. The company announced a special Q3
dividend of US$0.5 in addition to a usual Q3 dividend of
US$0.1.
OTC Markets Group (OTCM) operates the OTCQX, OTCQB and OTC Pink
financial marketplaces for 10,000 US and global securities. Its
trading system OTC Link ATS is operated by OTC Link LLC, a member
of FINRA/SIPC and SEC regulated ATS.
To view our full report, please click here:
http://www.edisoninvestmentresearch.com/research/report/otc-markets-group7
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