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
Non-GAAP Financial Measures
EBITDA and adjusted diluted earnings per share are non-GAAP financial measures. The Company believes that these non-GAAP financial measures, when taken into consideration with the corresponding GAAP financial measures, are important in understanding the Company's operating results. See the attached schedules for reconciliations of GAAP to the corresponding non-GAAP measure.
Webcast and Conference Call Information
Richard M. McVey, chairman and chief executive officer, and Antonio L. DeLise, chief financial officer, will host a conference call to discuss the Company’s financial results and outlook on Wednesday, January 30, 2013, at 10:00 a.m. Eastern time. To access the conference call, please dial 800-599-9829 (U.S.) or +1 617-847-8703 (international). The passcode for all callers is 19670028. The Company will also host a live audio Webcast of the conference call on the Investor Relations section of the Company's website at http://investor.marketaxess.com. A replay of the call will be made available by dialing 888-286-8010 (U.S.) or +1 617-801-6888 (international) for one week after the announcement. The passcode for replay callers is 22447528. The Webcast will also be archived on http://investor.marketaxess.com for 90 days following the announcement.About MarketAxess MarketAxess operates a leading electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess’ patented trading technology. Over 1,000 investor and broker-dealer firms are active users of the MarketAxess trading platform, accessing global liquidity in U.S. high-grade corporate bonds, European bonds, high yield and emerging markets bonds, agency bonds, asset-backed and preferred securities and credit default swaps. MarketAxess also offers a number of trading-related products and services, including: market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients.
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