secwatch.observer — SEC 8-K summary
======================================

Issuer:     Artisan Partners Asset Management Inc. (APAM)
CIK:        0001517302
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001517302-24-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artisan Partners Q1 GAAP EPS $0.84; AUM $160.4B; declares $0.61 dividend
------------------------------------------------------------------------

- GAAP net income $59.5M ($0.84 diluted EPS) vs $64.8M in Q4 2023; adjusted net income $61.6M ($0.76/share).
- Revenue $264.4M (+6% seq, +13% YoY); operating margin 29.4% GAAP, 30.9% adjusted.
- AUM $160.4B at quarter-end, up 7% seq from $150.2B; driven by $10.8B market gains, offset by $0.5B net outflows.
- Declared $0.61/quarterly variable dividend (~80% of cash generated), payable May 31, 2024, down from $0.68 prior quarter.
- CEO highlighted Credit team 10-yr anniversary; team AUM adds $866M inflows in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517302/000151730224000024/0001517302-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517302/000151730224000024/apam-20240423.htm
  HTML page:      https://secwatch.observer/filing/0001517302-24-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer