04 November 2011


Justin Schack

Managing Director

Joe Gawronski

President and COO

Rosenblatt Securities Inc.
New York +1 212 607 3100
Dublin +353 1 855 9125

Inquiries to

Trading Talk
CBOE: Key Takeaways From Q3 Earnings Call

Below are what we believe to be the key takeaways from CBOE’s Q3 earnings call yesterday afternoon. As always, please contact us with any questions.

Adjusted diluted EPS up 92%, to $0.50, on 35% y/y gain in operating revenues, to $143.6mn, and 14% increase in adjusted operating expenses. Operating margin of 52.2% was the highest in company history.

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