Artisan Partners: Q1 Earnings Snapshot
MILWAUKEE (AP) _ Artisan Partners Asset Management Inc. (APAM) on Tuesday reported first-quarter earnings of $65.4 million.
On a per-share basis, the Milwaukee-based company said it had net income of 90 cents. Earnings, adjusted for non-recurring costs, came to 98 cents per share.
The investment management firm posted revenue of $281.6 million in the period.
Artisan Partners shares have dropped 25% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $35.80, a fall of 37% in the last 12 months.