for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Markets News

NYSE-owner ICE reports 26% fall in third-quarter profit

Oct 29 (Reuters) - Intercontinental Exchange Inc, owner of the New York Stock Exchange, reported a 26% fall in third-quarter profit on Thursday, hurt by higher expenses, mainly related to the company’s acquisition of mortgage tech firm Ellie Mae.

Net income attributable to the company fell to $390 million, or 71 cents per share, for the quarter ended Sept. 30, from $529 million, or 94 cents per share, a year earlier.

Reporting by Niket Nishant in Bengaluru; Editing by Rashmi Aich

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up