WisdomTree reported a strong second quarter with record quarter-end AUM of $93.7 billion, driven by net inflows and market appreciation. Diluted earnings per share were $0.32, and adjusted diluted earnings per share were $0.09. The company saw $2.3 billion in net inflows and an increase in operating revenues to $85.7 million.
Reached a record quarter-end AUM of $93.7 billion, a 3.3% increase from the previous quarter.
Generated $2.3 billion in net inflows, driven by international equity and fixed income products.
Reported diluted earnings per share of $0.32 ($0.09, as Adjusted).
Operating revenues increased to $85.7 million, a 4.5% increase from the previous quarter.
WisdomTree anticipates further margin expansion in the years ahead due to the scalability and high incremental margins of its business, following the termination of contractual gold payments.
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