Silvercrest Q1 2022 Earnings Report
Key Takeaways
Silvercrest Asset Management Group Inc. reported a 7.3% increase in revenue to $33.5 million for Q1 2022 compared to Q1 2021. Adjusted EBITDA grew by 6.2% year-over-year to $10.3 million, and adjusted diluted earnings per share increased by 7.1% year-over-year to $0.45. Discretionary AUM increased to $23.8 billion, up 8.7% from Q1 2021.
Revenue increased by 7.3% year-over-year to $33.5 million.
Adjusted EBITDA increased by 6.2% year-over-year to $10.3 million.
Adjusted diluted earnings per share increased by 7.1% year-over-year to $0.45.
Discretionary AUM increased 8.7% year-over-year to $23.8 billion.
Silvercrest
Silvercrest
Forward Guidance
Silvercrest faces market volatility and uncertainty, which create long-term opportunities that typically benefit the high-quality of Silvercrest’s capabilities.