MarketAxess Holdings Reports Q4 Earnings Beat, Revenue Miss

MarketAxess Holdings Inc. (MKTX) reported a fourth-quarter profit of $65.1 million, or $1.73 per share, exceeding analyst expectations of $1.70 per share.

However, revenue of $202.4 million fell short of forecasts of $203.4 million. For the full year, MarketAxess reported a profit of $274.2 million, or $7.28 per share, on revenue of $817.1 million.