Artisan Partners 3Q24 net income rises to $72.9 million from $53.1 million a year earlier
Artisan Partners reported third-quarter 2024 revenue of $279.6 million, up 12% from $248.7 million a year earlier, and GAAP net income of $72.9 million, or $1.03 per share, compared with $0.76 per share in the year-earlier quarter. The board also declared a variable quarterly dividend of $0.82 per share, which the company says represents about 80% of quarterly cash generation.
Key points
- Revenue of $279.6 million for the quarter, up from $248.7 million in the September 2023 quarter and $270.8 million in the June 2024 quarter
- GAAP diluted EPS of $1.03 versus $0.76 a year earlier; adjusted EPS of $0.92 versus $0.75
- Ending AUM of $167.8 billion at September 30, 2024, up from $136.5 billion a year earlier
- Dividend of $0.82 per share payable November 29, 2024, to holders of record as of November 15, 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 October 29, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.