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 NEW YORK (AP) - Profits at the Nasdaq Stock Market Inc. climbed ten-fold for the fourth quarter, on par with Wall Street's expectations.
However, the company's earnings report Monday was accompanied by a forecast that fell short of analysts' estimates, and Nasdaq's stock fell in after-hours trading.
For the quarter ended Dec. 30, Nasdaq said it posted net income applicable to common shareholders of $16.1 million, or 15 cents per share, compared with $1.6 million, or 2 cents per share, in the fourth quarter of 2004, which included a number of one-time items that boosted earnings.
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