Nasdaq, Inc.'s (NDAQ) Q2 2022 Earnings Call Transcript

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day and thank you for standing by. Welcome to the Nasdaq Second Quarter 2022 Results Call. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Ed Ditmire, Investor Relations. Please go ahead.

Ed Ditmire - IR

Good morning, everyone and thank you for joining us today to discuss Nasdaq’s second quarter 2022 financial results. On the line are Adena Friedman, our CEO; Ann Dennison, our CFO; John Zecca, our Chief Legal Risk and Regulatory Officer; and other members of the management team. After prepared remarks, we will open up the line to Q&A.

The press release and presentation are on our website. We intend to use the website as a means of disclosing material, non-public information and complying with disclosure obligations under SEC Regulation FD. I’d like to remind you that certain statements in this presentation and during Q&A may relate to future events and expectations and as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from these projections. Information concerning factors that could cause actual results to differ from forward-looking statements is contained in our press release and periodic reports filed with the SEC.

I will now turn the call over to Adena.

Adena Friedman - CEO

Thank you, Ed, and good morning, everyone, and thank you for joining us. My remarks today will focus on Nasdaq’s second quarter 2022 financial and business performance as well as the progress we have made to drive forward our strategic priorities for the year.

I’d like to begin by acknowledging that we continue to find ourselves amid an uncertain macroeconomic and geopolitical environment. Yet while markets, investors and corporate clients all experienced increased levels of volatility during the second quarter, Nasdaq’s strategic vision and our ability to execute on it remains clear. The strength and quality of our businesses puts us in an excellent position to navigate these dynamics.

Our record net revenue and non-GAAP EPS results demonstrate our ability to capture new opportunities in different operating environments even as we continue to strengthen our positioning for longer-term growth through focused investments. I am proud of our team’s focus on delivering consistent results to our clients against this dynamic backdrop.