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VRTS - Virtus Investment Non-GAAP EPS of $5.43 misses by $0.45 revenue of $213.5M beats by $14.94M
Virtus Investment Partners Inc.
2023-07-28 07:07:34 ET
Virtus Investment press release ( NASDAQ: VRTS ): Q2 Non-GAAP EPS of $5.43 misses by $0.45 .
Revenue of $213.5M (-5.2% Y/Y) beats by $14.94M .
Total assets under management of $168.3 billion at June 30, 2023 increased from $154.8 billion at March 31, 2023 due to the addition of $7.8 billion of assets from the April 1 acquisition of AlphaSimplex, market performance, and positive institutional net flows.