Nasdaq, Inc. (NASDAQ:NDAQ) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET

Company Participants

Ato Garrett - Senior Vice President and Investor Relations Officer
Adena Friedman - Chair and Chief Executive Officer
Sarah Youngwood - Executive Vice President and Chief Financial Officer

Conference Call Participants

Daniel Fannon - Jefferies
Alexander Blostein - Goldman Sachs
Kyle Voigt - KBW
Michael Cho - JPMorgan
Patrick Moley - Piper Sandler
Craig Siegenthaler - Bank of America
Alex Kramm - UBS
Owen Lau - Oppenheimer

Operator

Good day and thank you for standing by. Welcome to Nasdaq's Second Quarter 2024 Results Conference Call. At this time, all participants are in the listen-only mode. After the speakers' presentation, there'll be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker, Ato Garrett, Senior Vice President, Investor Relations. Please go ahead.

Ato Garrett

Good morning, everyone, and thank you for joining us today to discuss Nasdaq's Second Quarter 2024 Financial Results. On the line are Adena Friedman, our Chair and Chief Executive Officer; Sarah Youngwood, our Chief Financial Officer; and other members of the management team.

After prepared remarks, we will open the line for Q&A. The press release and earnings presentation accompanying this call can be found on our Investor Relations website.

I would like to remind you that we will be making forward-looking statements on this call that involve risks. A summary of these risks is contained in our press release and a more complete description in our annual report on Form 10-K.

Also, please note that we will discuss our financial results on a pro forma basis and with year-on-year growth rates, which means that we are showing results versus the prior year period as if we owned Calypso and AxiomSL for all of 2023 and excluding the impact of FX.

References to organic growth exclude the impact of FX, acquisitions and divestitures. Reconciliations of US GAAP to non-GAAP results can be found in our press release as well as in a file located in the financials section of our Investor Relations website at ir.nasdaq.com.

I will now turn the call over to Adena.

Adena Friedman

Thank you, Ato, and good morning, everyone. Thank you for joining us. On the call this morning, I'll provide some perspective on the external environment, discuss our strong quarterly performance highlights as well as our progress against our strategic priorities, and then I'll hand the call to Sarah to walk through the financial results in more detail.