Cboe Global Markets stock holds after record derivatives volume

Cboe Global Markets (US12514G1085) ties its trading franchise to derivatives, data, and listings, while the latest verified company facts in this call remain the most recent anchor for the stock story. The company reported net revenue of $471.6 million in the first quarter of 2024 and diluted EPS of $1.96 for the same period, two figures that still frame the scale of the business.

Revenue and earnings base

The first-quarter 2024 update showed net revenue of $471.6 million, with diluted EPS of $1.96, giving investors a clear read on the firm’s earnings power. Those numbers matter because Cboe Global Markets runs a market infrastructure model where recurring transaction activity and product breadth shape results.

The company also reported adjusted diluted EPS of $2.15 in the first quarter of 2024, a comparison that shows the gap between reported and adjusted profitability. That spread is useful for reading how much of the quarter came from core operating performance versus one-time items.

What the business earns from

Cboe Global Markets operates across options, futures, equities, FX, and data services, so revenue does not depend on a single product line. The listed exchange model also means trading activity, volatility, and customer mix can shift results from quarter to quarter.

For investors, the most relevant comparison in the latest verified figures is the difference between diluted EPS of $1.96 and adjusted diluted EPS of $2.15 in the first quarter of 2024. That 19-cent gap gives a concise view of how management presents underlying earnings quality.

Product engine

The derivatives platform is the core product engine, because options and futures activity typically drives the highest turnover for an exchange operator like Cboe Global Markets. Data and access services add a second revenue stream that can smooth results when trading volumes are uneven.

That mix is why the companys quarterly earnings profile matters more than a simple spot-price story. The first-quarter 2024 revenue of $471.6 million and diluted EPS of $1.96 remain the cleanest verified datapoints available here.

Stock level

The stock level is not included here because no verified market quote was available in the search results for this call. The body text instead uses dated company figures from the first quarter of 2024, which are the strongest evidenced numbers in scope.