PAX - Patria Investments Non-GAAP EPS of $0.24 beats by $0.06 Fee Related Earnings of $31.9M

Patria Investments press release (NASDAQ:PAX): Q1 Non-GAAP EPS of $0.24 beats by $0.06. Fee Related Earnings of $31.9M (+84.4% Y/Y). Alex Saigh, Patria’s CEO, said: “Patria’s results for the 1st quarter reflect excellent momentum to start the year, and resiliency amid a challenging global backdrop. Our platform secured new capital inflows of $1.5 billion across a diverse range of products, strong investment performance drove our net accrued performance fees to more than $500 million, and we are on track to deliver FRE growth of more than 50% in 2022.”

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Patria Investments Non-GAAP EPS of $0.24 beats by $0.06, Fee Related Earnings of $31.9M