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APO - Apollo Global Management Non-GAAP EPS of $1.70 beats by $0.05 revenue of $13.7B beats by $12.93B
Apollo Global Management LLC Class A Representing Class A Limitied Liability Company Interests
2023-08-03 07:00:04 ET
Apollo Global Management press release ( NYSE: APO ): Q2 Non-GAAP EPS of $1.70 beats by $0.05 .
Revenue of $13.7B (+498.3% Y/Y) beats by $12.93B .
Record quarterly Normalized SRE of $874 million driven by record organic inflows and strong profitability.
Together, FRE and Normalized SRE of $1.3 billion in the second quarter showcase the resilient and growing earnings power of the Asset Management and Retirement Services businesses.
Total AUM of $617 billion benefited from inflows of $35 billion in the second quarter.