OTC Markets Group (OTCM) announced third quarter results with revenue and profit ahead of our expectation, as in Q220. This resulted from strong transaction volumes at OTC Link and higher user numbers and price increases for Market Data Licensing. The diversity of the group’s income was evident as Corporate Services was flat year-on-year, although here a step up in client additions is encouraging for the future. Pandemic-related and political uncertainties may be less acute now, but, in any even ....
24 Nov 2020
OTC Markets Group - A further estimate upgrade
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OTC Markets Group - A further estimate upgrade
OTC Markets Group Inc. (OTCM:OTC) | 0 0 0.0%
- Published:
24 Nov 2020 -
Author:
Andrew Mitchell -
Pages:
15
OTC Markets Group (OTCM) announced third quarter results with revenue and profit ahead of our expectation, as in Q220. This resulted from strong transaction volumes at OTC Link and higher user numbers and price increases for Market Data Licensing. The diversity of the group’s income was evident as Corporate Services was flat year-on-year, although here a step up in client additions is encouraging for the future. Pandemic-related and political uncertainties may be less acute now, but, in any even ....