Intercontinental Exchange starts H2 2023 on a high

<img width="250" height="167" src="https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-250×167.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Intercontinental Exchange starts H2 2023 on a high" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-250×167.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-700×467.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-768×512.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-120×80.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-245×163.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183-500×333.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/08/FIN-LP-Intercontinental-Exchange-4925964408-iStock-462756183.jpg 1254w" sizes="(max-width: 250px) 100vw, 250px" /><p>It also reported a consolidated net income of $799m and revenue of $2.34bn for the period ending 30 June 2023. <a href="https://www.leaprate.com/financial-services/exchanges/intercontinental-exchange-completes-acquisition-of-mers/" target="_blank" rel="noopener">Intercontinental Exchange</a>’s adjusted revenue totalled $1.89bn, on par with Wallstreet speculations.</p>
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<p>Other notable figures include the $955m consolidated operating income and operating margin of 51%, with adjusted values of $1.1bn and 61% respectively. As of 30 June 2023, outstanding debt amounted to $18.1bn.</p>
<div><img aria-describedby="caption-attachment-450093" decoding="async" class="wp-image-450093" src="https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-700×787.jpg" alt="Intercontinental Exchange starts H2 2023 on a high" width="98" height="110" srcset="https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-700×787.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-250×281.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-768×863.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-1367×1536.jpg 1367w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-1823×2048.jpg 1823w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-120×135.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-245×275.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/08/RESIZED-FIN-LP-Intercontinental-Exchange-4925964408-Jeff-Sprecher-445×500.jpg 445w" sizes="(max-width: 98px) 100vw, 98px" /><p>Jeffery Sprecher Source: ICE</p></div>
<p>The ICE Chair and Chief Executive Officer, Jeffrey C. Sprecher, expressed satisfaction with the earnings per share growth. He said:</p>
<blockquote><p>We are pleased to report our second quarter results, which were highlighted by another quarter of revenue and earnings per share growth. Amidst an uncertain macro environment, customers continue to access our networks to manage risk, consume data and drive workflow efficiencies. As we look to the second half of the year and beyond, we remain focused on driving innovation, helping to serve our customers’ risk management needs and delivering value to our stockholders.</p></blockquote>
<p>Warren Gardiner, the ICE chief financial officer, shared this sentiment and emphasised the organisation’s intent to continue focusing on strategic investment to grow value.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/news/intercontinental-exchange-starts-h2-2023-on-a-high/">Intercontinental Exchange starts H2 2023 on a high</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>