Virtus Investment Partners Q4 revenue up 9% to $233.5 million; outflows of $4.8 billion
Virtus Investment Partners reported fourth-quarter 2024 results. Revenue rose 9% from a year earlier to $233.5 million, and GAAP diluted earnings per share were $4.66, up from $4.21, though down from $5.71 in the prior quarter. Net outflows of $4.8 billion and a drop in assets under management to $175.0 billion from $183.7 billion in the prior quarter weighed on the period, so results point in mixed directions for shareholders.
Key points
- GAAP diluted EPS was $4.66, up 11% from $4.21 a year earlier but down 18% from $5.71 in the prior quarter
- Adjusted diluted EPS was $7.50, up 23% from $6.11 a year earlier
- Net outflows were $4.8 billion, including a previously disclosed $3.3 billion lower-fee partial redemption of an institutional mandate
- Assets under management ended the quarter at $175.0 billion, down from $183.7 billion at September 30, 2024
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 January 31, 2025.
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