Earnings Call Summary | Westwood Holdings(WHG.US) Q1 2024 Earnings Conference
Earnings Call Summary | Westwood Holdings(WHG.US) Q1 2024 Earnings Conference
The following is a summary of the Westwood Holdings Group, Inc. (WHG) Q1 2024 Earnings Call Transcript:
以下是韋斯特伍德控股集團有限公司(WHG)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Westwood Holdings Group reported Q1 2024 total revenue of $22.7 million, in line with the previous quarter and year.
Comprehensive income rose to $2.3 million or $0.27 per share in Q1 2024, a substantial increase from $0.7 million or $0.09 per share in Q1 2023.
Non-GAAP economic earnings for Q1 2024 were enhanced to $3 million or $0.36 per share, up from $1.7 million or $0.22 per share in Q1 2023.
韋斯特伍德控股集團報告稱,2024年第一季度總收入爲2,270萬美元,與上一季度和年度持平。
綜合收益增至2024年第一季度的230萬美元,合每股收益0.27美元,較2023年第一季度的70萬美元或每股0.09美元大幅增加。
2024年第一季度的非公認會計准則經濟收益從2023年第一季度的170萬美元或每股0.22美元提高至300萬美元,合每股收益0.36美元。
Business Progress:
業務進展:
Assets Under Management and Assets Under Advisement reached a six-year high at over $17.1 billion.
Positive new flows marked the institutional channel's performance, and the newly launched Managed Investment Solutions received positive feedback.
The company successfully launched its first active ETF and a second one, with trading volumes exceeding expectations.
Westwood maintained a client retention rate of 97% owing to targeted engagement efforts.
Looking forward, the firm aims to stabilize existing clients, expand ETF offerings, support Managed Investment Solutions, and attract interest for their new MIS capabilities.
管理的資產和諮詢資產達到六年來的最高水平,超過171億美元。
積極的新資金流標誌着機構渠道的表現,新推出的管理投資解決方案獲得了積極的反饋。
該公司成功推出了第一隻活躍的ETF和第二隻活躍的ETF,交易量超出預期。
由於有針對性的參與努力,韋斯特伍德保持了97%的客戶留存率。
展望未來,該公司的目標是穩定現有客戶,擴大ETF產品範圍,支持管理投資解決方案,並吸引人們對其新的MIS功能的興趣。
More details: Westwood Holdings IR
更多詳情: 韋斯特伍德控股投資者關係
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。