logo
virtus_investment_partners_image
Virtus Investment Partners reported $117.5 million profit for the year.

Earnings Snapshot: Virtus Investment Partners reports $35.4 million fiscal Q4 profit

The Hartford, Connecticut-based Virtus Investment Partners made $4.77 profit per share

By AP News
Published - Feb 03, 2023, 07:21 AM ET
Last Updated - Jun 22, 2023, 11:24 PM EDT

HARTFORD, Conn. (AP) _ Virtus Investment Partners Inc. (VRTS) on Friday reported earnings of $35.4 million in its fourth quarter.

The Hartford, Connecticut-based company said it had profit of $4.77 per share. Earnings, adjusted for one-time gains and costs, were $5.17 per share.

The asset management company posted revenue of $198.4 million in the period. Its adjusted revenue was $176.3 million.

For the year, the company reported profit of $117.5 million, or $15.50 per share. Revenue was reported as $782.9 million.

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024