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Bedford, MA Office

32 Crosby Drive
Bedford
MA
US

London, UK Office

Fitzroy House, 13-17 Epworth Street
London
GB

Australia, Melbourne Office

1155 Malvern Road
Malvern
Melbourne
AU

France, Paris Office

9 rue de Téhéran
Paris
FR

Ireland, Dublin Office

6 Georges Dock, 4th floor IFSC
Dublin
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Luxembourg, Lux Office

5th floor 28 boulevard Royal
Luxembourg
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Switzerland, Geneva Office

25, rue Kléberg
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New York, NY Office

100 William Street, 17th Floor
New York
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White Plains, NY Office

100 Hillside Avenue
White Plains
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Santa Monica, CA Office

2901 28th Street, Suite 300
Santa Monica
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Hayward, CA Office

3955 Point Eden Way
Hayward
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Singapore Office

1 Raffles Place #21-02 One Raffles Place
Singapore
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Hong Kong, Central Office

2001-2005, 20/F The Center 99 Queen's Road Central
Hong Kong
HK

Channel Islands, Jersey Office

8 Hill Street St Helier
Jersey
GB

Germany, Frankfurt Office

Sandweg 94
Frankfurt am Main
DE

Spain, Madrid Office

Francisco Silvela 42 1a planta
Madrid
ES

Switzerland, Zurich Office

Loewenstrasse 2
Zurich
CH

Australia, Sydney Office

Suite 405/368 Sussex Street
Sydney
AU

Japan, Tokyo Office

Kyobashi No. 8 Nagaoka Bldg. 1F 2-20-9 Hatchobori Chuo-ku
Tokyo
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Location Office

International House 1 St. Katharine's Way
London
GB

Italy, Rome Office

Via Cristoforo Colombo, 149
Rome
IT

Chicago, IL Office

600 West Fulton, 7th Floor
Chicago
IL
US

New York, NY Office

100 Church Street, 11th Floor
New York
NY
US

UAE, Dubai Office

805, City Tower 2 Sh. Zayed Road
Dubai
AE

Lombard, IL Office

955 Parkview Boulevard
Lombard
IL
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Australia, Melbourne Office

Level 36/2 Freshwater Place Southbank Boulevard Southbank
Melbourne
AU

Telephone

02072653703

Contact

tony cossey a cossey
[email protected]
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Interactive Data Reports Preliminary Third-quarter 2008 Results

Interactive Data Corporation (NYSE: IDC) today reported preliminary financial results for the third quarter ended September 30, 2008. Based on its review to date, Interactive Data’s third-quarter 2008 revenue is expected to be approximately $188.6 million, which would represent a 7.7% increase over third-quarter 2007 revenue of $175.0 million. Income from operations is expected to be approximately $53.7 million for the third quarter, which would be 12.2% higher than $47.9 million in the same quarter one year ago. Net income is expected to be approximately $36.7 million, or $0.38 per diluted share, compared with $39.3 million, or $0.40 per diluted share, in the third quarter of 2007.

“We believe that our preliminary third-quarter 2008 results illustrate the stability, resilience and predictability of our business,” stated Stuart Clark, president and chief executive officer. “We expect that our revenue growth of 7.7%, combined with prudent expense management, will produce an increase of approximately 12.2% in income from operations. Our organic revenue growth, which excludes approximately $1.1 million in unfavorable foreign exchange effects and approximately $1.3 million in revenue from the Kler’s business we acquired in August 2008, is expected to be approximately 7.6%. Our organic revenue growth was primarily the result of sustained expansion at our Pricing and Reference Data business, as well as a good performance at our Real-Time Services business. We anticipate that our third-quarter 2008 effective tax rate will be approximately 33.9% versus 21.7% in last year’s third quarter, which was extraordinarily low due to the impact of a number of discrete, one-time items. The difference between the effective quarterly tax rates on our net income performance is more than $6 million. We expect to end the third quarter of 2008 with approximately $239 million in cash, cash equivalents and marketable securities, and no debt.”

Clark continued, “Despite the obvious disruptions that occurred in the market in September, we produced positive net new business in all three months of the quarter at levels that were generally in line with or better than our plans entering the quarter. We believe our continued success in the marketplace reflects the compelling value proposition we deliver to support our customers in mission critical areas such as valuation, risk management, compliance, trading operations and wealth management. We view these areas as either non-discretionary for customers or fundamental to their future growth and success. For these reasons, we also believe we are well positioned to continue servicing our institutional customers involved in recent mergers and acquisitions.”

Clark concluded, “Given the current volatility in the financial markets and in the interest of being as transparent as possible with regard to our financial reporting in these circumstances, we believed it was important to share preliminary results for the third quarter of 2008 as soon as it was practical to do so. With the third quarter behind us, we are on a clear path to either achieve or exceed the revised 2008 financial targets that we issued in July, and we have updated our outlook accordingly. Although we expect that the current environment will bring additional challenges, it is also creating some unique opportunities for us. The planning process for 2009 is underway and our expectation is that we will continue to grow through a combination of organic expansion and acquisitions.”