earnings
confidence high
sentiment positive
materiality 0.70
BrightSphere Q2 GAAP EPS $0.29, ENI EPS $0.45; AUM $112.6B
Acadian Asset Management Inc.
2024-Q2 EPS reported
$0.66
revenue$214,700,000
- GAAP net income $11.0M ($0.29 diluted EPS) vs $11.4M ($0.27) in Q2'23.
- ENI EPS $0.45, up 60.7% YoY; ENI revenue $108.3M (+14%).
- AUM $112.6B at June 30, up 2.0% from Q1 and 12.7% YoY.
- Repurchased 0.9M shares ($20.5M) in Q2; 4.4M shares ($94.9M) YTD.
- Acadian segment Adjusted EBITDA $36.3M, up 25.6% YoY; dividend $0.01/share declared.