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NDAQ » Topics » Total Expenses

This excerpt taken from the NDAQ 8-K filed Feb 13, 2007.

Total Expenses

Total expenses increased 9.1% to $115.0 million from $105.4 million in the year-ago quarter and increased 11.3% from $103.3 million in the prior quarter. Fourth quarter 2006 expenses increased from last year primarily due to the recent acquisitions of INET, Shareholder.com, and PrimeNewswire. Expenses increased from third quarter 2006 primarily due to the integration of PrimeNewswire, higher marketing and advertising spending, and higher professional services costs, offset somewhat by lower depreciation expenses.

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