OTC Markets reports Q3 EPS 87c, one-estimate 61c

Reports Q3 revenue $26.23M, consensus $27.9M. “During the third quarter of 2023, we remained focused on operational improvements across our business lines,” said R. Cromwell Coulson, President and Chief Executive Officer. “We continued to integrate the EDGAR Online business, and invest in our technology platforms.” “OTC Markets Group continued to deliver revenue and earnings growth despite greater economic uncertainty,” said Antonia Georgieva, Chief Financial Officer. “Our Market Data Licensing business drove the increase in gross revenues; however, our overall costs outpaced that increase, impacting our operating margin. We remain focused on delivering growth in the long-term.”