secwatch / observer
8-K filed April 28, 2023, 7:59 PM ET ticker WT CIK 0000880631
earnings confidence high sentiment positive materiality 0.75

WisdomTree reports record AUM $90.7B, Q1 net income $16.2M, $6.3B net inflows

WisdomTree, Inc.

2023-Q1 EPS reported $0.10 revenue$82,044,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WisdomTree, Inc. reported the three months ended March 31, 2023 results: revenue $82.0 million, net income $16.2 million, EPS $0.10 per diluted share.

Period
the three months ended March 31, 2023
Revenue
$82.0 million
Net income
$16.2 million
EPS
$0.10 per diluted share
Result
reported results
Exact text from the filing
, primarily driven by inflows into our fixed income, commodity, emerging markets and international equity products. 0.36% average advisory fee , unchanged from last quarter. $82.0 million of operating revenues , an increase of 11.9% from the previous quarter due to higher average AUM, and higher other income from large flows into some of our European products.
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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WisdomTree, Inc. reported the first quarter of 2023 results: revenue $82.0 million of operating revenues, net income $16.2 million net income, EPS Diluted earnings per share of $0.10.

Period
the first quarter of 2023
Revenue
$82.0 million of operating revenues
Net income
$16.2 million net income
EPS
Diluted earnings per share of $0.10
Result
reported results
Exact text from the filing
WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the first quarter of 2023. $16.2 million net income ($11.2 (1) million net income, as adjusted) ; including a non-cash gain of $20.6 million associated with the revaluation of deferred consideration-gold payments; a loss of $9.7 million recognized upon the extinguishment of $115.0 million in aggregate principal amount of our 4.25% convertible senior notes issued in 2020 and due in June 2023 (the “2020 Notes”); and other items. $90.7 billion of ending AUM , an increase of 10.7% arising from net inflows and market appreciation. $6.3 billion of net inflows , primarily driven by inflows into our fixed income, commodity, emerging markets and international equity products. 0.36% average advisory fee , unchanged from last quarter. $82.0 million of operating revenues , an increase of 11.9% from the previous quarter due to higher average AUM, and higher other income from large flows into some of our
View on SEC.gov

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WisdomTree, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-124384
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