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Dec 31, 2023
Victory Capital Q4 2023 Earnings Report
Reported strong results driven by strategic growth initiatives and resilient operating platform.
Key Takeaways
Victory Capital reported an increase in revenue and GAAP net income compared to the same quarter last year. The company's AUM increased, driven by positive market action, and the board increased the regular quarterly cash dividend by 5%.
Total AUM reached $166.6 billion.
Long-term gross flows were $6.6 billion.
GAAP operating margin was 41.9%.
Adjusted EBITDA margin was 52.3%.
Forward Guidance
The company is optimistic about executing on a transaction aligned with strategic growth objectives and continues to focus on serving clients.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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