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Tuesday, November 03, 2009
ICE Reports Higher Quarterly Profit
By John Spence
MarketWatch Pulse
BOSTON -- IntercontinentalExchange Inc. Tuesday reported third-quarter net income of $86.9 million, or $1.18 a share, compared with $75 million, or $1.04 a share, in the same quarter in 2008. Total revenue rose 27% to $256.3 million, the exchange operator said before the opening bell. The consensus Wall Street profit estimate was $1.15 a share, according to a Thomson Reuters poll of 18 analysts.
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