Victory Capital reported strong second quarter results, achieving record adjusted earnings per diluted share with tax benefit, adjusted EBITDA, and adjusted EBITDA margin. The company's AUM was $168.7 billion at the end of June. The Board authorized an 11% increase in the regular quarterly cash dividend to $0.41.
Total Client Assets of $173.8 billion.
Long-term gross flows of $5.8 billion.
GAAP operating margin of 50.4%.
Adjusted net income with tax benefit per diluted share of $1.31.
No specific forward guidance was provided in this earnings report.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance