Miami International reports Q3 adjusted EPS 42c, consensus 30c

Reports Q3 revenue $109.5M, consensus $107.08M. “MIH produced strong results in the third quarter while also executing on a successful initial public offering, driven by our team’s focus on providing customers with best-in-class technology, reliability and risk protections across our markets,” said CEO Thomas Gallagher. “Elevated volatility supported record volumes, contributing to strong performance in our options business. Notably, we achieved record average daily volume of 9.6 million contracts across our options exchanges for the third quarter, increasing 56% over the same period in the prior year. Looking ahead, we remain committed to leveraging our ongoing investments in technology, relationships and industry expertise as we seek to further expand market share in our options business and grow our equities, futures, and international segments. With a strong foundation to build on, we are well-positioned to execute on our growth strategy and create long-term shareholder value.”