TMX Group posts $224.6M in Q1 net income, double last year's figure

TMX Group Ltd. reported net income attributable to equity holders of $224.6 million in the first quarter, up from $105.9 million a year earlier.

That amounted to earnings per share attributable to equity holders of 81 cents during the period, up from 38 cents during the prior-year quarter.

TMX Group says its revenue reached a record of $488.2 million, rising 16% year-over-year from $419.1 million.

The board of directors of TMX Group declared a dividend of 24 cents per common share outstanding.

John McKenzie, the CEO of TMX Group, says the company saw significant annual growth in its transactional and recurring revenue-generating businesses.

Last month, TMX Group signed a deal to buy Cboe Australia and Cboe Canada from Cboe Global Markets Inc. for about $409 million.

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