AllianceBernstein (AB) Misses Q3 EPS by 1c

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Go back to AllianceBernstein (AB) Misses Q3 EPS by 1c

AllianceBernstein Holding L.P. Announces Third Quarter Results

October 25, 2017 6:46 AM EDT

NEW YORK, Oct. 25, 2017 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended September 30, 2017.

"I'm pleased with how we were able to extend our strong momentum in the third quarter," said Seth P. Bernstein, President and CEO of AllianceBernstein. "Firmwide gross sales were $20 billion for the second consecutive quarter and we garnered another $4.9 billion in active net flows. This brings our year-to-date total to $13.5 billion, with positive active net flows to all three of our client... More