Victory Capital(VCTR) - 2024 Q1 - Quarterly Results
VCTRVictory Capital(VCTR)2024-05-10 04:43

NEWS RELEASE Victory Capital Reports Strong First-Quarter Results First-Quarter Highlights • Total Client Assets of 175.5billionLongtermgrossflowsof175.5 billion • Long-term gross flows of 7.0 billion • Long-term net flows of (1.0)billionGAAPoperatingmarginof39.31.0) billion • GAAP operating margin of 39.3% • GAAP net income of 0.84 per diluted share • Adjusted EBITDA margin of 52.1% • Adjusted net income with tax benefit of 1.25perdilutedshareBoardauthorizesa101.25 per diluted share • Board authorizes a 10% increase in regular quarterly cash dividend to 0.37 San Antonio, Texas, May 9, 2024 — Victory Cap ...