Diamond Hill Investment Group reported a 4% increase in total revenue and a substantial rise in net income for Q4 2019 compared to Q4 2018. The company's assets under management increased by 22.5% year-over-year, driven by market appreciation.
Total revenue increased by 4% compared to the same quarter last year.
Net income attributable to common shareholders rose by 179% compared to the prior year.
Diluted earnings per share increased by 191% year-over-year.
Assets under management increased 22.5% due to market appreciation.
Company may make forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934.
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