secwatch.observer — SEC 8-K summary
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Issuer:     VIRTUS INVESTMENT PARTNERS, INC. (VRTS)
CIK:        0000883237
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0000883237-24-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virtus Q4 2023 EPS $4.21 (adj $6.11); revenue up 8% but net outflows $3.8B
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- Diluted EPS $4.21 vs $4.77 YoY; adjusted EPS $6.11. Net income $30.8M, down 13% YoY.
- Revenue $214.6M, up 8% YoY; operating margin 18.2% vs 15.7% prior year.
- Assets under management $172.3B; total sales $6.2B, net flows negative $3.8B.
- Operating expenses $175.6M, up 5% YoY; operating income $39.0M, up 25% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883237/000088323724000007/0000883237-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883237/000088323724000007/vrts-20240202.htm
  HTML page:      https://secwatch.observer/filing/0000883237-24-000007

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