NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Wednesday reported fourth-quarter net income of $69.6 million.

The New York-based company said it had net income of $1.84 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.

The operator of bond trading platforms posted revenue of $197.2 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $195.9 million.

For the year, the company reported profit of $258.1 million, or $6.85 per share. Revenue was reported as $752.5 million.

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