Feb 2 (Reuters) - Intercontinental Exchange Inc reported a drop in fourth-quarter adjusted profit on Thursday,
hurt by a slowdown in demand in its mortgage technology
business.
On an adjusted basis, the company reported net income of
$698 million, or $1.25 per share, for the quarter ended Dec. 31,
compared with $761 million, or $1.34 per share, the year before.
(Reporting by Anirban Chakroborti in Bengaluru; Editing by Maju
Samuel)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.