Artisan Partners Q2 revenue rises 11% to $270.8 million; GAAP EPS $0.80
Artisan Partners reported results for the three months ended June 30, 2024, with revenue of $270.8 million, up 11% from a year earlier, and GAAP net income of $57.6 million, or $0.80 per share, up from $53.6 million, or $0.76 per share. Assets under management ended the quarter at $158.9 billion, up 11% from a year earlier but down 1% from March 31, 2024, as the firm recorded $1.6 billion of net client cash outflows in the quarter. The board declared a variable quarterly dividend of $0.71 per share.
Key points
- Q2 2024 revenue $270.8 million, up 11% from $242.9 million in Q2 2023 and up 2% from $264.4 million in Q1 2024
- GAAP net income $57.6 million, or $0.80 per share, versus $59.5 million, or $0.84 per share, in Q1 2024; adjusted net income $66.0 million, or $0.82 per adjusted share
- Ending AUM $158.9 billion at June 30, 2024, down $1.5 billion from March 31, 2024, after $1.6 billion of net client cash outflows
- Quarterly dividend of $0.71 per share declared, payable August 30, 2024, to holders of record on August 16, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 July 23, 2024.
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