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CME Group Reports Higher Revenues, Net Earnings
USAgNet - 04/29/2016

CME Group Inc. reported record revenue of $934 million and record operating income of $574 million for the first quarter of 2016. Net income was $368 million and diluted earnings per share were $1.09. Adjusted for non-recurring items, net income would have been $390 million and diluted earnings per share would have been $1.151.

"Our record first-quarter financial performance was driven by our highest quarterly average daily volume to date, including record volumes in energy, overall options and electronic options," said CME Group Executive Chairman and President Terry Duffy. "We delivered record revenue and operating income, and 17 percent growth in adjusted diluted earnings per share.

Duffy says the strong results reflect CME's progress in executing on our long-term growth initiatives.

"At the same time, we are committed to returning cash to our shareholders, as evidenced by $1.2 billion in dividends being paid out during the quarter," he noted.

CME Chief Executive Officer Phupinder Gill adds that the group saw a significant increase in global participation in its markets, with average daily volume of 3.7 million contracts traded from outside of the United States, up 24 percent from first-quarter 2015.


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