Victory Capital (VCTR) Tops Q3 EPS by 2c

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Go back to Victory Capital (VCTR) Tops Q3 EPS by 2c

Victory Capital Posts Record Third Quarter 2019 Financial Results

November 4, 2019 4:25 PM EST

Second Consecutive Quarter of Positive Net Flows and Positive Net Flows Year-to-Date

Third Quarter 2019 Highlights

Total AUM of $145.8 billion Long-term net inflows of $726 million; long-term gross flows of $7.5 billion GAAP operating margin of 25.9%; GAAP earnings of $0.35 per diluted share Adjusted net income with tax benefit per diluted share of $0.911 Adjusted EBITDA margin of 44.8%1 Debt reduced by $63 million Board authorizes regular quarterly cash dividend of $0.05 per share

 

SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ:... More