ICE Revenue Up 19% In Q3

Operator of regulated global exchanges, clearinghouses and over-the-counter markets IntercontinentalExchange has posted a consolidated net income of $133 million in the third quarter of 2011.

Operator of regulated global exchanges, clearinghouses and over-the-counter (OTC) markets IntercontinentalExchange (ICE) has posted a consolidated net income of $133 million in the third quarter of 2011. Consolidated revenues stood at $341 million, a 19 percent hike relative to the previous year’s third quarter results.

Its consolidated operating expenses were up 1 percent from the third quarter of 2010 to $137 million while consolidated operating income grew 35 percent to $204 million. A 16 percent increase in the first nine months of 2011 took consolidated revenues to $1 billion.

Click here for the release from IntercontinentalExchange.