Acadian Asset Management: Fourth Quarter Financial Overview

Acadian Asset Management Announces Q4 Financial Results

Acadian Asset Management Inc., headquartered in Boston, revealed on Thursday that it achieved net earnings of $34.7 million during the fourth quarter.

The company reported earnings of 97 cents per share, while adjusted earnings—excluding one-time expenses—reached $1.32 per share.

For the quarter, the firm generated $172.2 million in revenue, with adjusted revenue totaling $169.7 million.

Since the start of the year, Acadian Asset Management's stock price has climbed 12%. Over the past year, the stock value has more than doubled.