LSEG Says Microsoft Tie-Up to Release Products Within Months
- Markets and data group reports 4% rise in first-quarter income
- London firm announced partnership with Microsoft in 2022
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London Stock Exchange Group Plc plans to release a number of products generated by its data partnership with Microsoft Corp. in the coming months, it said as its first-quarter earnings met expectations.
The market infrastructure and data provider said total income excluding recoveries was £2.09 billion ($2.6 billion) in the first quarter, up 4.1% on a year ago. That compared to £2.1 billion in analyst predictions compiled by Bloomberg.