secwatch.observer — SEC 8-K summary
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Issuer:     VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
CIK:        0000883237
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0000883237-22-000213
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virtus Q2 GAAP EPS slumps to $2.29; adjusted EPS $6.86; AUM $155.4B
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- GAAP diluted EPS $2.29 vs $7.86 YoY (down 71%); adjusted diluted EPS $6.86.
- Revenue $225.3M, down 8% from $244.0M a year ago and 11% from prior quarter.
- Net outflows of $4.8B; total sales $7.9B; AUM $155.4B vs $172.6B at Q2 2021.
- Operating income $56.7M, down 34% YoY; operating margin 25.2% vs 35.4%.
- Net income attributable to Virtus $17.4M, down 72% from $63.0M in Q2 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883237/000088323722000213/0000883237-22-000213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883237/000088323722000213/vrts-20220729.htm
  HTML page:      https://secwatch.observer/filing/0000883237-22-000213

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