TMX Group reports $84.4M Q4 profit, revenue up nine per cent from year ago

TMX Group Ltd. reported a fourth-quarter profit attributable to equity holders of $84.4 million as its revenue rose nine per cent compared with a year earlier.

The operator of the Toronto Stock Exchange says the profit amounted to 31 cents per diluted share for the quarter ended Dec. 31 compared with a profit of $102.2 million or 37 cents per diluted share a year earlier.

Revenue totalled $301.5 million, up from $275.7 million in the same quarter a year earlier.

TMX Group chief financial officer David Arnold says the revenue growth in the quarter was driven by increases across all of the company's key business areas.