BrightSphere Q3 diluted EPS rises to $0.46 from $0.42; revenue up 23.6%
BrightSphere Investment Group Inc. (NYSE: BSIG) reported third-quarter 2023 results, with total revenue of $107.3 million, up 23.6% from a year earlier, and U.S. GAAP diluted EPS of $0.46 versus $0.42. Assets under management fell 2.5% in the quarter to $97.4 billion because of market declines and $(0.5) billion of net outflows. Note: the filing is from BrightSphere, which describes Acadian Asset Management as its sole operating business, not from Acadian Asset Management Inc. (AAMI) as the request stated.
Key points
- Total revenue of $107.3 million in Q3 2023, up 23.6% from $86.8 million in Q3 2022
- U.S. GAAP diluted EPS of $0.46 versus $0.42 a year earlier; ENI diluted EPS of $0.45 versus $0.30
- AUM of $97.4 billion at September 30, 2023, down 2.5% from $99.9 billion at June 30, 2023, with net flows of $(0.5) billion
- Board approved a $0.01 per share interim dividend payable December 28, 2023 to holders of record on December 15, 2023
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.