AllianceBernstein Q2 adjusted EPU $0.76 (+7% YoY); AUM record $829B but active outflows $4.8B

ALLIANCEBERNSTEIN HOLDING L.P.

GAAP EPU $0.64, down 35% YoY; adjusted EPU $0.76, up 7% YoY; cash distribution $0.76 per unit.
AUM reached record $829B, up 7.7% YoY; net flows negative with $4.8B active outflows concentrated in April.
Adjusted net revenues $844M (+2.3% YoY); adjusted operating margin 32.3% (+150 bps YoY).
CEO cites geopolitical tensions but improved sentiment; pipeline AUM expanded to ~$22B.
Private wealth 17% of AUM; EQH general account ~10% of asset management business.

item 2.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.