CBOT Holdings Reports Record Revenue and Earnings for the Third Quarter of 2006 Tuesday October 17, 8:07 am ET Revenue Increases 45 Percent, Operating Margin Expands 20 Percentage Points
CHICAGO, Oct. 17 /PRNewswire-FirstCall/ -- CBOT Holdings, Inc., holding company for the Chicago Board of Trade (CBOT®), announced today that revenue for the third quarter 2006 increased 45 percent to $163.0 million compared with $112.2 million in the third quarter of 2005. Net income for the quarter more than doubled, hitting a new high of $48.8 million versus $19.8 million for the comparable period last year. Third quarter 2006 earnings per diluted share were $0.92 compared to $0.40 in last year's third quarter. These record-setting results were driven by trading volume growth across all product categories, higher average exchange fee rates and tight cost controls.
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