
Shares of bond trading platform MarketAxess Holdings MKTX.O rise more than 2% in afternoon trading
Co declares dividend for Q1 2025 of 76 cents per share, up 2 cents from the year-ago period
Total credit average daily volumes (ADV) — a measure of the average daily number of bond transactions on MarketAxess' platform — rise 6% from a year ago
ADV for U.S. government bonds up 61%; emerging markets credit climb 18%
Co, however, reports a drop in Q4 profit of 6.4% from the year-ago period, and misses revenue expectations
Stock down 12.9% YTD, as of previous close, and dropped ~22% in 2024