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US : MarketAxess Holdings Inc. - MKTX | 4Q20 First Take: Strong Quarter Caps Off Remarkable Year; Expense Growth To Remain Elevated

    Michael Vinci
    David Farnum
    27 January 2021
    Published byCGS-CIMB

    Bottom Line4Q20 results demonstrate yet another strong quarter, as top-line momentum continued to fuel strong EPS growth. For the quarter total revenue was up 32% y/y, capping a year in which revenue grew ~33% organically, and helped drive 45% y/y growth in EPS in the fourth quarter (+44% for the f