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Etihad Airways Q1 profit up 30% due to strong demand, efficiency About Us Advertise Help & Support Authors Blog Mobile Portfolio Widgets Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Etihad first-quarter profit jumps 30% on strong demand DUBAI (Reuters) - Etihad Airways’ first-quarter profit after tax jumped 30% to 685 million dirhams ($186.52 million), it said on Wednesday, citing strong demand and improved operational efficiency. Total revenue rose 15%, supported by growth in both passenger and cargo business. Passenger revenue climbed 16% to 5.5 billion dirhams ($1.50 billion), bolstered by increased capacity, ongoing network expansion and more frequent flights. ($1 = 3.6726 UAE dirham)

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Nasdaq beats Q1 profit estimates on market volatility, strong product demand (Reuters) -Nasdaq beat first-quarter profit expectations on Thursday as the exchange operator benefited from higher market volatility and strong demand for its fintech and solutions products, sending its shares up 1% before the bell. Total U.S. equity options volumes jumped to 935 million contracts in the quarter, compared to 773 million contracts in the same quarter last year. To diversify its revenue streams, the company has been expanding outside its market-sensitive core activities of trading and listing to products that help financial institutions navigate compliance requirements and safeguard against financial crimes. With markets remaining volatile in the first quarter amid economic uncertainty and the trade dispute between the United States and China, companies have been spending on products that help safeguard them from market volatility. Revenue from Nasdaq’s financial technology business climbed 10% from a year ago to $432 million, while revenue at the company’s solutions business rose nearly 9% to $947 million. "The current macro environment, recent policy shifts and ongoing talks about potential tariffs have created significant short-term volatility, and that uncertainty is at this point weighing on global GDP growth expectations," Nasdaq Chair and CEO Adena Friedman said in an analyst call. "Entering the second quarter, this is creating modest impact on the timing of corporate decision-making, although without a meaningful change in overall demand across all economic cycles," she said. Net revenue in the quarter came in at $1.24 billion, above analysts’ expectation of $1.23 billion, according to data compiled by LSEG. Net profit attributable to the company on an adjusted basis was $456 million, or 79 cents per share, in the first quarter ended March 31, compared with $367 million, or 63 cents per share, a year earlier. Analysts on average had expected a profit of 77 cents.

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