Virtus Investment Partners Q3 diluted EPS rises to $5.71 on $227.0 million revenue
Virtus Investment Partners reported third-quarter 2024 results for the quarter ended September 30, 2024, with GAAP diluted earnings per share of $5.71, up from $4.19 a year earlier, and revenue of $227.0 million, up 4% from a year earlier. Assets under management reached $183.7 billion, up 13% from a year earlier, while net outflows were $1.7 billion, and the company raised its quarterly dividend 18% to $2.25 per share.
Key points
- GAAP diluted EPS was $5.71 versus $4.19 a year earlier and $2.43 in the prior quarter; diluted EPS as adjusted was $6.92, up 11% year over year.
- Revenue was $227.0 million, up 4% year over year and 1% sequentially; GAAP operating income was $55.3 million, up 23% year over year.
- Ending assets under management were $183.7 billion at September 30, 2024, and net flows were ($1.7) billion, improved from ($2.6) billion in the second quarter.
- The quarterly dividend was increased 18% to $2.25 per share, and the company repurchased 72,850 shares for $14.9 million during the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 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 25, 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.