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AllianceBernstein: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — AllianceBernstein Holding LP (AB) on Friday reported second-quarter earnings of $113.5 million.

The Nashville, Tennessee-based company said it had profit of 99 cents per share. Earnings, adjusted for non-recurring gains, came to 71 cents per share.

The investment management company posted revenue of $1.03 billion in the period. Its adjusted revenue was $825.8 million.

AllianceBernstein shares have increased 11% since the beginning of the year. The stock has increased almost 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AB at https://www.zacks.com/ap/AB