earnings
confidence high
sentiment positive
materiality 0.85
WisdomTree Q3 AUM record $112.6B; adjusted EPS $0.18, GAAP loss -$0.13 on debt extinguishment
WisdomTree, Inc.
2024-Q3 EPS reported
$0.16
revenue$317,040,000
- Record AUM of $112.6B; net outflows of $2.4B, primarily international developed equity and fixed income.
- Adjusted EPS $0.18 (+80% YoY); GAAP diluted loss per share $0.13 due to $30.6M loss on extinguishment of convertible notes.
- Adjusted operating margin 37.3%, up 800 bps YoY; revenue $113.2M, up 25.2% YoY.
- Issued $345M 3.25% convertible notes due 2029; repurchased $104.2M of existing 2028 notes and all preferred stock from ETFS Capital.
- Quarterly dividend $0.03/share declared, payable Nov 20; also recorded $4.0M SEC civil penalty for ESG screening statements.