Virtus Investment Partners reported a Q4 2024 GAAP EPS of $4.66 and adjusted EPS of $7.50. Revenue increased by 9% year-over-year to $233.5 million, while net flows were negative at ($4.8) billion. Assets under management decreased sequentially to $175.0 billion.
GAAP earnings per share (diluted) was $4.66, while adjusted EPS was $7.50.
Total sales amounted to $6.4 billion, but net flows were negative at ($4.8) billion.
Assets under management (AUM) ended the quarter at $175.0 billion.
Operating income decreased 8% from the prior quarter due to increased operating expenses.
The press release does not contain specific forward guidance. It generally discusses potential risks and uncertainties that could affect future performance.
Analyze how earnings announcements historically affect stock price performance