AllianceBernstein Q2 2024 adjusted EPU $0.71, up 16% YoY; AUM $769.5B

ALLIANCEBERNSTEIN HOLDING L.P.

GAAP diluted EPU $0.99, up 87% YoY; adjusted diluted EPU $0.71, up 16% YoY.
Adjusted net revenues $825.8M (+0.4% YoY); adjusted operating income $254.2M (+14.5%).
Adjusted operating margin 30.8%, up 380 bps from 27.0% in 2Q23.
Ending AUM $769.5B, up 11.3% YoY; active net inflows $1.3B (1% organic growth).
Cash distribution per Unit $0.71, up 16.4% from $0.61 in 2Q23.

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