Virtus Investment Partners announced its financial results for the first quarter of 2025, with diluted earnings per share of $4.05 and adjusted diluted earnings per share of $5.73. Total sales reached $6.2 billion, but the company experienced net outflows of ($3.0) billion, leading to assets under management of $167.5 billion.
Diluted earnings per share (GAAP) for Q1 2025 were $4.05, a 1% decrease from Q1 2024.
Adjusted diluted earnings per share for Q1 2025 were $5.73, a 6% increase from Q1 2024.
Total revenues for Q1 2025 were $217.9 million, a 2% decrease from Q1 2024.
Assets Under Management (AUM) at March 31, 2025, decreased to $167.5 billion from $175.0 billion in the prior quarter due to market performance and net outflows.
The company's forward-looking statements are based on expectations, assumptions, and projections about the company and the markets in which it operates. These statements are not guarantees of future results and involve substantial risks and uncertainties.
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