07:53 AM EDT, 08/06/2024 (MT Newswires) -- MarketAxess Holdings ( MKTX ) reported Q2 earnings Tuesday of $1.72 per diluted share, up from $1.59 a year earlier.

Analysts polled by Capital IQ expected $1.63.

Revenue for the quarter ended June 30 was $197.7 million, compared with $179.8 million a year earlier.

Analysts polled by Capital IQ expected $195.4 million.

The company said its board approved a new stock buyback plan in August for up to $200 million, expanding its authorized repurchase limit to $250 million.