secwatch.observer — SEC 8-K summary
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Issuer:     Artisan Partners Asset Management Inc. (APAM)
CIK:        0001517302
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001517302-23-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artisan Partners Q1 2023 GAAP EPS $0.72, revenue falls 17% YoY; AUM rises 8% QoQ to $138.5B
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- GAAP net income $50.8M ($0.72 EPS); adjusted net income $51.8M ($0.64 adjusted EPS).
- Revenue $234.5M, down 17% YoY due to lower average AUM; operating margin 29.1% vs 38.0% YoY.
- AUM $138.5B at quarter end, up $10.6B QoQ driven by $11.9B investment returns offset by $1.3B net outflows.
- Declared variable quarterly dividend of $0.50/share, payable May 31, 2023 to holders of record May 17.
- CEO highlights 10-year totals: $16.7B excess returns, $32.37 total dividends per share, AUM growth from $83B to $138B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517302/000151730223000039/0001517302-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517302/000151730223000039/apam-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001517302-23-000039

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