Thursday, October 25, 2007

ICE: IntercontinentalExchange, Inc. Reports Record Third Quarter Revenues and Net Income; Diluted EPS $0.93

Senator Levin has not responded to my calls for a comment. Something about running the Senate Armed Services Committee, or was it the Investigations Sub-committee or..., let's just say he's a busy guy.

From the press release:
IntercontinentalExchange,
Inc. (NYSE: ICE) reported record consolidated net
income for the third quarter of 2007 of $66.7
million, a 52.8% increase compared to $43.6 million
for the third quarter of 2006. Diluted earnings per
share in the third quarter were $0.93, an increase
of 27.4% over the prior year's third quarter of $0.73.
Consolidated revenues in the third quarter increased
60.3% to a record $151.7 million, from $94.7 million
in the third quarter of 2006. This marks ICE's
seventh consecutive quarter of record revenues....MORE