AllianceBernstein (AB) Misses Q1 EPS by 2c

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AllianceBernstein Holding L.P. Announces First Quarter Results

April 30, 2015 6:57 AM EDT

NEW YORK, April 30, 2015 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended March 31, 2015. 

"We began 2015 with another quarter of meaningful progress in executing on our long-term strategy to deliver for clients with our investment performance, the global breadth of our offering and the strength of our financials," said Peter S. Kraus, Chairman and Chief Executive Officer. "With strong sales momentum across our business, coupled with strict expense discipline, we generated positive net... More