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Apollo Global Management (APO) Swings to Q1 Profit; AUM Up 25%

May 12, 2011 7:23 AM EDT
Apollo Global Management LLC (NYSE: APO) reported Q1 EPS of $0.33, $0.96 better than the analyst estimate of ($0.63). Revenue for the quarter came in at $696.3 million versus the consensus estimate of $223.6 million.

Assets Under Management increased 25 percent to $70 billion.


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