secwatch.observer — SEC 8-K summary
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Issuer:     ALLIANCEBERNSTEIN HOLDING L.P. (AB)
CIK:        0000825313
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000825313-23-000064
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AllianceBernstein Q3: adj EPU $0.65 (+2%), GAAP EPU $0.50, AUM $669B, $1.9B net outflows
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- GAAP diluted EPU of $0.50, adjusted diluted EPU of $0.65; cash distribution of $0.65 per unit (up from $0.64).
- Net revenues $1.032B, up 4.6% YoY; adjusted net revenues $845.8M, up 3.9%.
- Adjusted operating income $236.9M, up 13.0%; adjusted operating margin 28.0% (up 220 bps).
- AUM $669B at quarter end, down 3.3% from prior quarter but up 9.2% YoY; average AUM $689.6B.
- Net outflows of $1.9B in Q3; active net flows nearly flat; Retail gained market share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/825313/000082531323000064/0000825313-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/825313/000082531323000064/ab-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000825313-23-000064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer