TMX Group Q2 earnings rise 44% from 2017

By Staff | August 9, 2018 | Last updated on August 9, 2018
1 min read

The TMX Group reported net income of $95.6 million for the second quarter this year, an increase of 44% year over year.

The increase was mainly from a sale of its stake in TMX FTSE for $26.8 million, the company reported.

The quarterly diluted earnings per share was $1.71 for the second quarter, up 44% from the same period in 2017.

TMX is also maintaining its dividend of $0.58 on each common share.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.