- Revenue of $177.1 million compared with $182.7 million in Q4/14
- Diluted loss per share of $2.92 in Q4/15 compared with earnings per share of 76 cents in Q4/14
- Adjusted diluted earnings per share of 87 cents in Q4/15, compared with 93 cents per share in Q4/14
- Adjusted diluted earnings per share of 87 cents excludes:
TMX Group Limited [TSX:X] (“TMX Group”) today announced results for the fourth quarter ended December 31, 2015.
Commenting on 2015 and looking ahead, Lou Eccleston, Chief Executive Officer of TMX Group, said: “2015 was both a transformative and challenging year for TMX. We successfully executed a number of significant strategic and operational changes aimed at realigning the organization around priority areas for investment and transforming TMX into a client-focused and competitive technology driven solutions provider. We also worked to realize efficiencies in our operations. Economic factors, particularly the prolonged slump in commodity values, continued to weigh heavily on the performance of the Canadian economy and on key elements of our market ecosystem. The impact of these challenging conditions on TMX’s financial performance, combined with the valuations at the time of the Maple transaction, contributed to non-cash impairment charges related to goodwill and intangible assets in certain operating segments.
TMX Group Limited Reports Results for the Fourth Quarter 2015