OTC Markets Group Inc.

Earnings data Q1 2021

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OTC Markets Group reports steady Q3 growth and unveils market expansion plans

OTC Markets Group reported modest revenue growth and increased profitability in Q3 2024, driven by strong performance in OTC Link and operational efficiency.
Despite challenges in market data licensing and Corporate Services revenue, the company remains focused on enhancing shareholder value and exploring new market opportunities.
With a strategic focus on dividends, product innovation, and cost management, OTC Markets Group is poised to navigate market challenges and capitalize on growth prospects.

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OTC Markets Group, Inc. engages in the provision of trading, corporate, and market data services. It operates through the following business lines: OTC Link LLC, Market Data Licensing, and Corporate Services. The OTC Link LLC business line pertains to OTC Link ATS, OTC Link ECN, and OTC Link NQB alternative trading systems (ATSs), which offers trading services to FINRA member broker-dealer subscribers. The Market Data Licensing business line distributes market data and financial information for securities and companies. The Corporate Services business line operates the OTCQX and OTCQB markets and offers issuers disclosure and regulatory compliance products. The company was founded in 1904 and is headquartered in New York, NY.

NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Direct Selling Acquisition Corp. (OTCQX: DSAQ), a blank check company, has qualified to trade on the OTCQX® Best Market. Direct Selling Acquisition Corp. previously traded on the New York Stock Exchange

OTC Markets Group Welcomes Direct Selling Acquisition Corp. to OTCQX

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Warpaint London PLC (LSE: W7L; OTCQX: WPNTF), a branded cosmetics company, has qualified to trade on the OTCQX® Best Market. Warpaint London PLC upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes Warpaint London PLC to OTCQX

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) --   OTC Markets Group Inc.  (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today introduced OTC Overnight, a new offering that will make OTC equity securities available for trading Sunday through Thursday between 8 PM and 4 AM eastern time. Active securities across the OTC market tiers, including global brands like Roche, Adidas, Air Canada and Techtronic Industries, will be eligible for trading in an overnight session by broker-dealer subscribers in U.S. dollars.

OTC Markets Group Introduces New Overnight Trading Product

OTC Markets Group Inc. (OTCQX:OTCM) has introduced overnight trading with a new offering that will enable investors to engage in trading activities from Sunday through Thursday between 8pm and 4am Eastern Time. The newly unveiled OTC Overnight service will encompass a wide array of active securities across various tiers of the OTC markets, boasting notable global brands such as Roche, Adidas, Air Canada (TSX:AC.B), and Techtronic Industries.

OTC Markets Group launches overnight trading, broadening global accessibility

NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Butler National Corporation (OTCQX: BUKS), a company that operates in the Aerospace and Professional Services industries, has qualified to trade on the OTCQX® Best Market. Butler National Corporation upgraded to OTCQX from the OTCQB® Venture Market.

OTC Markets Group Welcomes Butler National Corporation to OTCQX

NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc.  (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today introduced OTC Overnight, a new offering that will make OTC equity securities available for trading Sunday through Thursday between 8 PM and 4 AM eastern time. Active securities across the OTC market tiers, including global brands like Roche, Adidas, Air Canada and Techtronic Industries, will be eligible for trading in an overnight session by broker-dealer subscribers in U.S. dollars.

OTC Markets Group Introduces Overnight Trading

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced ClearVue Technologies Ltd. (ASX: CPV; OTCQX: CVUEF), a smart building materials company, has qualified to trade on the OTCQX® Best Market. ClearVue Technologies Ltd. upgraded to OTCQX from the OTCQB® Venture Market.

OTC Markets Group Welcomes ClearVue Technologies Ltd. to OTCQX

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced BioLargo, Inc. (OTCQX: BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, has qualified to trade on the OTCQX® Best Market. BioLargo, Inc. upgraded to OTCQX from the OTCQB® Venture Market.

OTC Markets Group Welcomes BioLargo, Inc. to OTCQX

OTC Markets Group Inc (OTCQX:OTCM) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Dan Zinn - General Counsel Cromwell Coulson - President & Chief Executive Officer Antonia Georgieva - Chief Financial Officer Conference Call Participants Brendan McCarthy - Sidoti Steve Silver - Argus Research Corporation Operator Good day, and thank you for standing by. Welcome to the OTC Markets Group First Quarter 2024 Earnings Conference Call and Webcast.

OTC Markets Group Inc (OTCM) Q1 2024 Earnings Call Transcript

OTC Markets Group Inc. (OTCM) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.52 per share a year ago.

OTC Markets Group Inc. (OTCM) Lags Q1 Earnings and Revenue Estimates

First Quarter 2024 Highlights: Gross revenues of $27.7 million for the quarter, down 1% versus the prior year period Operating income of $6.7 million for the quarter, down 3% versus the prior year period Operating profit margin of 25.0%, versus 25.4% for the prior year period Net income of $6.0 million, down 5% versus the prior year period, and quarterly diluted GAAP EPS of $0.49, down 6% Total cash returned to shareholders during the quarter of $5.1 million, comprised of dividends of $2.2 million and repurchases of common stock of $2.9 million Announcing second quarter 2024 dividend of $0.18 per share 577 OTCQX ® and 1,115 OTCQB ® companies at quarter end 7 graduates to a national securities exchange during the quarter 112 subscribers to OTC Link ECN as of March 31, 2024, up 10 versus March 31, 2023 Approximately 34,000 average daily trades during the quarter versus approximately 35,000 during the prior year period On May 1, 2024, OTC Link announced to subscribers that it intends to launch closing cross functionality on OTC Link ECN and OTC Link NQB NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced its financial results for the first quarter of 2024. “In the first quarter of the year, we stayed focused on improving trading functionality, investor information, and market integrity to better serve our broker-dealer and corporate clients,” said R.

OTC Markets Group Reports First Quarter 2024 Financial Results

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM) today announced it will report its financial results for the first quarter ended March 31, 2024, after the close of the U.S. capital markets on Wednesday, May 8, 2024.

OTC Markets Group Announces First Quarter 2024 Earnings Conference Call and Webcast

NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Mackenzie Realty Capital, Inc. (OTCQX: MKZR), a West Coast-focused REIT, has qualified to trade on the OTCQX® Best Market. Mackenzie Realty Capital, Inc. upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes Mackenzie Realty Capital, Inc. to OTCQX

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Roth CH Acquisition Co. (OTCQX: USCTF), a special purpose acquisition company, has qualified to trade on the OTCQX® Best Market. Roth CH Acquisition Co. previously traded on NASDAQ.

OTC Markets Group Welcomes Roth CH Acquisition Co. to OTCQX

NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Exodus Movement, Inc. (OTCQX: EXOD), a non-custodial cryptocurrency software platform, has qualified to trade on the OTCQX® Best Market. Exodus Movement, Inc. upgraded to OTCQX from the OTCQB® Venture Market.

OTC Markets Group Welcomes Exodus Movement, Inc. to OTCQX

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Team Internet Group PLC (AIM: TIG; OTCQX: TIGXF), a leading global internet solutions company, has qualified to trade on the OTCQX® Best Market. Team Internet Group PLC upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes Team Internet Group PLC to OTCQX

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced DSM Firmenich AG (Euronext Amsterdam: DSFIR; OTCQX: DSFIY, DSMFF), a leading innovator in nutrition, health, and beauty, has qualified to trade on the OTCQX® Best Market. DSM Firmenich AG upgraded to OTCQX from the Pink® Limited market.

OTC Markets Group Welcomes DSM Firmenich AG to OTCQX

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Horizon Copper Corp. (“Horizon Copper” or “Horizon”) (TSX-V: HCU; OTCQX: HNCUF), a copper company with a portfolio of high-quality copper assets, has qualified to trade on the OTCQX® Best Market.

OTC Markets Group Welcomes Horizon Copper Corp. to OTCQX

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Netcompany Group AS (Nasdaq Copenhagen: NETC; OTCQX: NTCYF), an IT services company, has qualified to trade on the OTCQX® Best Market. Netcompany Group AS upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes Netcompany Group AS to OTCQX

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Fireweed Metals Corp. (TSX-V: FWZ; OTCQX: FWEDF; FSE: M0G), a mineral exploration company, has qualified to trade on the OTCQX® Best Market. Fireweed Metals Corp. upgraded to OTCQX from the OTCQB® Venture Market.

OTC Markets Group Welcomes Fireweed Metals Corp. to OTCQX

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Pason Systems Inc. (TSX: PSI; OTCQX: PSYTF), a leading energy services and technology company with fully integrated drilling data solutions and engineered controls for the completions industry, has qualified to trade on the OTCQX® Best Market. Pason Systems Inc. upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes Pason Systems Inc. to OTCQX

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced NGEx Minerals Ltd. (TSX: NGEX; OTCQX: NGXXF), a leading exploration company, has qualified to trade on the OTCQX® Best Market. NGEx Minerals Ltd. upgraded to OTCQX from the Pink® market.

OTC Markets Group Welcomes NGEx Minerals Ltd. to OTCQX

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Remark Holdings Inc. (OTCQX: MARK), an industry leader in AI-powered analytics computer vision and smart agent solutions, has qualified to trade on the OTCQX® Best Market. Remark Holdings Inc. previously traded on NASDAQ.

OTC Markets Group Welcomes Remark Holdings Inc. to OTCQX

OTC Markets Group Inc. (OTCQX:OTCM) Q4 2023 Earnings Call Transcript March 7, 2024 8:30 AM ET Company Participants Dan Zinn - General Counsel Cromwell Coulson - President and Chief Executive Officer Antonia Georgieva - Chief Financial Officer Conference Call Participants Steve Silver - Argus Research Corporation Brendan McCarthy - Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the OTC Markets Group Fourth Quarter and Full-Year 2023 Earnings Conference Call and Webcast.

OTC Markets Group Inc. (OTCM) Q4 2023 Earnings Call Transcript

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market. All three products upgraded to OTCQX from the OTCQB® Venture Market.

News for OTC Markets Group Inc. Stock (OTCM)