Victory Capital (VCTR) Tops Q4 EPS by 6c, Revenues Beat
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Victory Capital Posts Record Fourth Quarter and Full Year 2019 Financial Results
February 12, 2020 4:30 PM ESTFourth Quarter 2019 Highlights
Total Assets Under Management (AUM) of $151.8 billion Long-term gross flows of $5.3 billion; long-term net outflows of $1.5 billion GAAP operating margin of 29.4%; GAAP earnings of $0.51 per diluted share Adjusted net income with tax benefit per diluted share of $0.991 Adjusted EBITDA margin of 46.8%1 Debt reduced by $85 million; run-rate net leverage ratio reduced to ~2.3x. Board authorizes regular quarterly cash dividend of $0.05 per shareSAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (Victory Capital or the Company) today reported... More
