NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Tuesday reported first-quarter profit of $72.6 million.

The New York-based company said it had profit of $1.92 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.85 per share.

The operator of bond trading platforms posted revenue of $210.3 million in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $210.9 million.

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