NYSE Euronext Profit Falls 33%

NYSE Euronext (NYX Quote) said third-quarter net income fell 33% to $174 million, or 66 cents a share, from $258 million, or 97 cents a share, a year earlier.

On an adjusted basis, excluding merger expenses and other nonrecurring items, earnings in the quarter were $192 million, or 72 cents a share, compared with adjusted earnings of $201 million, or 75 cents a share a year earlier. Third-quarter earnings met the estimates of analysts polled by Thomson Reuters.

NYSE Euronext, the operator of the New York Stock Exchange and Euronext and Liffe exchanges, said revenue in the quarter rose slightly to $1.2 billion from $1.13 billion a year earlier. ...