More record results for ICE
February 7, 2018

Intercontinental Exchange, the global network of exchanges and clearing houses and provider of global data and listing services, has today reported financial results for the fourth quarter and full year of 2017.

For the quarter ended December 31, 2017, consolidated net income attributable to ICE was US$1.2 billion on $1.1 billion of consolidated revenues less transaction-based expenses. This included $764 million of a deferred tax benefit related to US tax reform. Fourth quarter GAAP diluted earnings per share (EPS) were $2.08. On an adjusted basis, consolidated net income attributable to ICE was $433 million in the fourth quarter, and diluted EPS were $0.73.

For the full year of 2017 consolidated net income attributable to ICE was $2.5 billion on $4.6 billion of consolidated revenues less transaction-based expenses. Full year 2017 GAAP diluted EPS were $4.23. On an adjusted basis, consolidated net income attributable to ICE was $1.8 billion for the full year of 2017, and diluted EPS were $2.95.

"We are pleased to deliver our twelfth consecutive year of record revenue," said ICE Chairman and Chief Executive Officer Jeffrey C Sprecher. "We achieved this by executing on our strategy to deliver best-in-class trading, clearing, listings and information services while continuing to expand our range of content and distribution solutions to meet the evolving needs of the market. As we look to 2018 and beyond, we are focused on innovation and growth to serve our customers and build shareholder value."

Scott A. Hill, ICE Chief Financial Officer, added: "In addition to investing in growth, we returned more capital to shareholders in 2017 than any year in our history enabled by another year of record revenue, disciplined expense management and strong cash flow. We remain committed to creating long-term value for our shareholders through operational execution and strategic investments to build on our track record of growth."





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Intercontinental Exchange, the global network of exchanges and clearing houses and provider of global data and listing services, has today reported financial results for the fourth quarter and full year of 2017.

For the quarter ended December 31, 2017, consolidated net income attributable to ICE was US$1.2 billion on $1.1 billion of consolidated revenues less transaction-based expenses. This included $764 million of a deferred tax benefit related to US tax reform. Fourth quarter GAAP diluted earnings per share (EPS) were $2.08. On an adjusted basis, consolidated net income attributable to ICE was $433 million in the fourth quarter, and diluted EPS were $0.73.

For the full year of 2017 consolidated net income attributable to ICE was $2.5 billion on $4.6 billion of consolidated revenues less transaction-based expenses. Full year 2017 GAAP diluted EPS were $4.23. On an adjusted basis, consolidated net income attributable to ICE was $1.8 billion for the full year of 2017, and diluted EPS were $2.95.

"We are pleased to deliver our twelfth consecutive year of record revenue," said ICE Chairman and Chief Executive Officer Jeffrey C Sprecher. "We achieved this by executing on our strategy to deliver best-in-class trading, clearing, listings and information services while continuing to expand our range of content and distribution solutions to meet the evolving needs of the market. As we look to 2018 and beyond, we are focused on innovation and growth to serve our customers and build shareholder value."

Scott A. Hill, ICE Chief Financial Officer, added: "In addition to investing in growth, we returned more capital to shareholders in 2017 than any year in our history enabled by another year of record revenue, disciplined expense management and strong cash flow. We remain committed to creating long-term value for our shareholders through operational execution and strategic investments to build on our track record of growth."



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