PAX - Patria Investments GAAP EPS of $0.27 revenue of $73.8M
2023-05-04 06:10:45 ET
- Patria Investments press release ( NASDAQ: PAX ): Q1 GAAP EPS of $0.27.
- Revenue of $73.8M (+34.2% Y/Y).
- Fee Related Earnings (“FRE”) of $31.2 million in 1Q23, compared to $31.9 million in 1Q22
- Performance Related Earnings of $10.0 million in 1Q23 ? Distributable Earnings (“DE”) of $39.1 million in 1Q23, compared to $35.0 million in 1Q22
- Net Accrued Performance Fees were $437 million as of March 31, 2023, or $2.97 per share
- Declared quarterly dividend of $0.226 per common share payable on June 8, 2023
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Patria Investments GAAP EPS of $0.27, revenue of $73.8M