Victory Capital (VCTR) Tops Q1 EPS by 3c, Revenues Miss

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Go back to Victory Capital (VCTR) Tops Q1 EPS by 3c, Revenues Miss

Victory Capital Reports First Quarter 2020 Financial Results

May 11, 2020 6:50 AM EDT

First Quarter 2020 Highlights

Total Asset Under Management (AUM) of $123.8 billion Long-term gross flows of $7.3 billion; total net outflows of $2.9 billion GAAP operating margin of 44.3% and adjusted EBITDA margin of 44.8%1 GAAP net income of $0.77 per diluted share, up 285% versus first quarter 2019 Adjusted net income with tax benefit of $0.92 per diluted share, up 163% versus first quarter 20191 Board authorizes regular quarterly cash dividend of $0.05 per share

SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (Victory Capital or the Company) today reported financial results... More