NYSE Euronext on Friday posted a 28-percent drop in third-quarter net income to $125 million, outperforming market expectations.

A Thomson Reuters IBES average consensus was for $119.8 million. The year-ago number was $174 million.

NYSE Euronext's earnings of $0.48 per diluted share were down from $0.66 from the same quarter in 2008.

Chief Executive Officer Duncan Niederauer said the bourse continued to see stabilization in its core businesses.

(Reporting by Daisy Ku)