AssetMark Reports $119.4B Platform Assets for Second Quarter 2024
AMKAssetMark(AMK) GlobeNewswire News Room·2024-07-19 04:15

CONCORD, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced financial results for the quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Net income for the quarter was 32.3million,or32.3 million, or 0.43 per share.Adjusted net income for the quarter was 49.8million,or49.8 million, or 0.66 per share, on total revenue of 198.5 million.AdjustedEBITDAforthequarterwas198.5 million.Adjusted EBITDA for the quarter was 71.9 million, or 36.2% of total revenue.Platform assets increased 18.5% ye ...