Canada's TMX doubles second-quarter profit
(Reuters) - TMX Group Ltd (Toronto:X.TO - News), Canada's biggest stock exchange operator, reported on Wednesday that its second-quarter profit more than doubled, helped by lower operating expenses and higher revenue.
The Toronto-based company said net profit attributable to shareholders rose to C$58.3 million, or C$1.07 a share, from C$27.6 million, or 51 Canadian cents a share, a year earlier.
Revenue rose about 9 percent to C$194.6 million, the company reported late on Wednesday.
(Reporting by Ismail Shakil in Bengaluru and Alastair Sharp in Toronto; Editing by Leslie Adler)