(Adds details, share price)
TORONTO, Nov 5 (Reuters) - TMX Group Ltd X.TO , the
operator of the Toronto Stock Exchange, posted a
better-than-expected quarterly profit, as the strong U.S. dollar
helped drive up revenue.
"With a stronger U.S. dollar, there were increases in
information services, derivatives and energy revenue," Chief
Financial Officer Michael Ptasznik said on Thursday.
The Toronto-based company said revenue rose 3.3 percent to
C$175.9 million ($133.68 million).
Excluding items, the company earned 85 Canadian cents per
share for the third quarter ended Sept. 30.
Analysts on an average had expected profit of 84 Canadian
cents per share on revenue of C$173.4 million, according to
Thomson Reuters I/B/E/S.
However, net income attributable to shareholders fell to
C$36.5 million, or 67 Canadian cents per share, from C$39.4
million, or 73 Canadian cents per share, a year earlier.
Up to Thursday's close of C$46.45, stock had fallen 8
percent on the Toronto Stock Exchange this year.
($1 = C$1.32)