NEW YORK (AP) _ MarketAxess Holdings Inc. (MKTX) on Wednesday reported third-quarter net income of $59.3 million.

The New York-based company said it had net income of $1.58 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The operator of bond trading platforms posted revenue of $172.1 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $172.6 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKTX at https://www.zacks.com/ap/MKTX

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