Nasdaq Reports First Quarter 2021 Results; Delivers 21% Increase in Revenue Compared to Prior Year

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First quarter 2021 net revenues 1 were $851 million , an increase of 21% over the first quarter of 2020. Compared to the prior year period, Solutions segments 2 revenues increased 22% while Market Services revenues increased 20%. Annualized Recurring Revenue (ARR) 3 was $1,760 million in the first