NYSE-owner ICE's second-quarter profit more than doubles

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Revenue at the mortgage tech unit came in at $340 million, up sixfold from the year-ago period as the exchange operator continued to benefit from its $11 billion acquisition of Ellie Mae.

Net income attributable to the company more than doubled to $1.25 billion, or $2.22 per share, for the three months ended June 30, from $523 million, or 95 cents per share, a year earlier.

On an adjusted basis, the exchange operator posted a profit of $1.16 per share, in line with consensus Street estimates, according to IBES data from Refinitiv.

It was not immediately clear if the estimates were comparable.

Total revenue, excluding transaction-based expenses, rose 22% to $1.71 billion.