OTC Markets Group (OTCQX: OTCM) Reports Second Quarter 2024 Results

OTC Markets Group (OTCQX: OTCM) Reports Second Quarter 2024 Results
Second Quarter 2024 Highlights:
Gross revenues of $27.6 million for the quarter, up 1% versus the prior year period
Operating income of $8.1 million for the quarter, down 2% versus the prior year period
Operating profit margin of 30.4%, versus 31.4% for the prior year period
Net income of $6.7 million, down 3% versus the prior year period, and quarterly diluted GAAP EPS of $0.56, down 2%
Total cash returned to shareholders during the quarter of $2.2 million in the form of dividends
Announcing third quarter 2024 dividend of $0.18 per share
569 OTCQX® and 1,085 OTCQB® companies at quarter end
12 graduates to a national securities exchange during the quarter
114 subscribers to OTC Link ECN as of June 30, 2024, up 10 versus June 30, 2023
Approximately 35,000 average daily trades during the quarter versus approximately 32,000 during the prior year period
In May 2024, OTC Markets Group announced the expected launch of OTC Overnight, an upcoming new offering for overnight trading in OTC equity securities

Press Release: https://www.otcmarkets.com/stock/OTCM...

Learn more about OTC Markets Group Investor Relations: https://www.otcmarkets.com/about/inve...

OTC Markets Group (OTCQX: OTCM) Quote Page: https://www.otcmarkets.com/stock/OTCM...