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Jun 30, 2024
WisdomTree Investments Inc Q2 2024 Earnings Report
Reported record AUM and operating margin expansion.
Key Takeaways
WisdomTree announced strong Q2 2024 results, achieving record AUM of $109.7 billion, driven by market appreciation and net inflows. The company reported net income of $21.8 million and an operating revenue increase of 10.5% from the prior quarter.
Record AUM of $109.7 billion, a 2.3% increase from the prior quarter.
Net inflows of $0.3 billion, driven by international developed equity, fixed income, and U.S. equity products.
Operating revenues increased by 10.5% from the prior quarter.
Declared a quarterly dividend of $0.03 per share.
Forward Guidance
WisdomTree is set up for long run success, driven by secular shift toward ETFs, tokenization and blockchain technology.
Positive Outlook
- Strong revenue growth
- Record assets under management
- Net inflows
- Expanding other revenue streams
- Expanded adjusted operating margins
Historical Earnings Impact
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Avg. Return Before/After Earnings
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