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Artisan Partners: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported second-quarter earnings of $57.6 million.

On a per-share basis, the Milwaukee-based company said it had net income of 80 cents. Earnings, adjusted for non-recurring costs, were 82 cents per share.

The investment management firm posted revenue of $270.8 million in the period.

Artisan Partners shares have dropped almost 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $42.60, climbing slightly 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 APAM at https://www.zacks.com/ap/APAM