ICE Q2 earnings are in: Revenue +5% YoY Expense +10% Op Income +1% EPS flatpic.twitter.com/GWR4ZRXSwy
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Increase in op expenses for exchanges and FI/data segments surprising - reduced op margin for both. Mortgage nos excellent. Shows benefit of bona fide diversification and further underscores rationale/value of Ellie Mae deal.
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