Artisan Partners: Q2 Earnings Snapshot
MILWAUKEE (AP) _ Artisan Partners Asset Management Inc. (APAM) on Tuesday reported second-quarter earnings of $44.3 million.
On a per-share basis, the Milwaukee-based company said it had net income of 62 cents. Earnings, adjusted for non-recurring costs, were 79 cents per share.
The investment management firm posted revenue of $251.4 million in the period.
Artisan Partners shares have declined 16% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $40.04, a decline of 18% in the last 12 months.