1、“Nasdaq delivered an excellent second quarter performance amid a dynamic market environment.Our ability to deliver broad-based growth through cycles is testament to our role as a partner to our clients,helping them capture strategic opportunities,manage risk,and solidify their operational resilience
2、.Looking ahead,we remain well-positioned to enhance value for our clients and shareholders by driving innovation and deepening our client relationships through our One Nasdaq approach.”1“Nasdaqs financial results highlight the resilience of our business model and its ability to achieve exceptional r
3、evenue and earnings growth with strong free cash flow generation.We are executing well on our capital allocation priorities,including repaying debt,and have surpassed our gross leverage milestone 16 months ahead of plan.We will optimize for long-term investor returns as we make organic growth investments and balance further deleveraging with opportunistic share repurchases.”in net inflows to Index ETP AUM in the last twelve months2Q25 non-GAAP operating expenseGross Leverage Ratio Bridge2Q251Q254Q243Q242Q24Column1
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