OTC Markets Group Reports First Quarter 2024 Financial Results [Yahoo! Finance]
OTC MARKETS GROUP INC A (OTCM)
NASDAQ:AMEX Investor Relations:
otcmarkets.com/investor-relations/overview
Company Research
Source: Yahoo! Finance
Operating income of $6.7 million for the quarter, down 3% versus the prior year period Operating profit margin of 25.0%, versus 25.4% for the prior year period Net income of $6.0 million, down 5% versus the prior year period, and quarterly diluted GAAP EPS of $0.49, down 6% Total cash returned to shareholders during the quarter of $5.1 million, comprised of dividends of $2.2 million and repurchases of common stock of $2.9 million Announcing second quarter 2024 dividend of $0.18 per share 577 OTCQX ® and 1,115 OTCQB ® companies at quarter end 7 graduates to a national securities exchange during the quarter 112 subscribers to OTC Link ECN as of March 31, 2024, up 10 versus March 31, 2023 Approximately 34,000 average daily trades during the quarter versus approximately 35,000 during the prior year period On May 1, 2024, OTC Link announced to subscribers that it intends to launch closing cross functionality on OTC Link ECN and OTC Link NQB NEW YORK, May 08, 2024 (GLOB
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