By Rob Curran

 

Intercontinental Exchange Inc. forecast second-quarter operating expenses in line with first-quarter levels.

For the second quarter, the exchange operator and provider of mortgage-data services forecast operating expenses between $900 million and $910 million, compared with $907 million in the first quarter.

Excluding certain items, the company forecast operating expenses of $740 million to $750 million.

ICE said it anticipates non-operating expenses of $135 million to $140 million for the second quarter, or $100 million to $105 million on an adjusted basis.

 

Write to Rob Curran at rob.curran@wsj.com

 

(END) Dow Jones Newswires

May 05, 2022 08:00 ET (12:00 GMT)

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