earnings
confidence high
sentiment positive
materiality 0.65
WisdomTree Q3 2023: adj EPS $0.10, op margin 29.5% (+900bps YoY), $2B inflows
WisdomTree, Inc.
2023-Q3 EPS reported
$0.49
revenue$258,191,000
- Net income $13.0M ($0.07 diluted EPS); adjusted net income $18.0M ($0.10 adj diluted EPS).
- Operating revenues $90.4M, up 5.5% from prior quarter and 24.9% YoY; average AUM $95.7B.
- Operating income margin 29.5%, up 8.3 points sequentially and 900 bps YoY; adjusted operating margin also 29.5%.
- Year-to-date net inflows $11B; 12th consecutive quarter of positive flows; 17% annualized organic growth.
- Quarterly dividend of $0.03 declared, payable Nov 22, 2023 to holders of record Nov 8, 2023.