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NEW YORK - WisdomTree, Inc. (NYSE:WT) reported first quarter earnings that beat analyst expectations, while revenue came in slightly below estimates on Friday.
The company’s stock edged down -0.11% following the results.
The global financial innovator posted adjusted earnings per share of $0.16, surpassing the analyst consensus of $0.15. Revenue for the quarter totaled $108.08 million, just shy of the $108.48 million analysts were expecting.
WisdomTree saw its assets under management (AUM) grow to a record $115.8 billion at the end of Q1, up 5.5% from the previous quarter. This increase was driven by $3.0 billion of net inflows and market appreciation.
"We are executing exceptionally well - delivering over $3 billion of net inflows in Q1, an 11% annualized organic growth rate, and accelerating momentum across key areas," said Jarrett Lilien, WisdomTree’s COO and President.
The company’s average advisory fee dipped slightly to 0.35% in Q1, down 1 basis point from the prior quarter due to changes in product mix. Operating income margin held relatively steady at 31.6%.
WisdomTree declared a quarterly dividend of $0.03 per share, payable on May 28, 2025 to stockholders of record as of May 14, 2025.
The company’s strong AUM growth and inflows point to continued momentum in its core business.
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