earnings
confidence high
sentiment neutral
materiality 0.75
Virtus Q1 EPS $5.21 ($4.20 adj); revenue $197.9M, down 22% YoY; AUM $154.8B
VIRTUS INVESTMENT PARTNERS, INC.
2023-Q1 EPS reported
$5.21
revenue$197,874,000
- Diluted EPS $5.21 (up 23% YoY); adjusted diluted EPS $4.20.
- Revenue $197.9M, down 22% YoY from $252.4M; flat sequentially.
- Operating income $28.6M (down 56% YoY); operating margin 14.4% vs 26.0%.
- Total sales $6.2B; net outflows of $1.9B; AUM $154.8B at quarter-end.
- Net income attributable to Virtus $38.6M, up 17% YoY.