All other revenue decreased 6.4% to $24.0 million, compared to $25.7 million for 2011. The decrease was primarily due to lower technology license purchase and professional consulting revenues.Total expenses for the year ended December 31, 2012 increased 8.9% to $111.5 million, compared to $102.4 million for 2011. The increase was primarily due to higher professional and consulting fees of $2.9 million, technology and communications expense of $1.9 million, and employee compensation and benefits expense of $1.6 million. Capital spending for the year ended December 31, 2012 was $10.4 million compared to $7.2 million in 2011.
MarketAxess Reports Fourth Quarter 2012 Revenues Of $50.4 Million, Pre-Tax Income Of $21.5 Million And Diluted EPS Of $0.54, Or $0.36 Excluding An $0.18 Favorable Income Tax Adjustment
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