Virtus to include tax benefits from goodwill amortization in adjusted EPS and tax rate starting Q1 2026

VIRTUS INVESTMENT PARTNERS, INC.

Revised non-GAAP measures now include economic tax benefit realized on amortization of goodwill and intangible assets.
For FY2025, revised adjusted EPS $27.79 vs historical $25.15; difference of $2.64 per share.
Revised non-GAAP effective tax rate for FY2025 is 18.5% vs historical 26.0%.
No impact on adjusted revenues, operating expenses, operating income, or operating margin.
Reconciliations for Q1 2024 through Q4 2025 provided in Exhibit 99.1; effective with Q1 2026 results.

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