WisdomTree Reports Q1 Revenue of $159.5M, AUM Up 5.6%
Reports Q1 revenue $159.5M, consensus $156.97M. Reports $152.6B of ending AUM, an increase of 5.6% from the prior quarter arising primarily from net inflows and market appreciation. "We delivered another quarter of strong execution in a volatile environment, reinforcing the strength of a business that is becoming more diversified, more durable and increasingly capable of compounding growth over time. Our strategy is centered on building a high-quality growth platform - combining organic momentum with disciplined, strategic acquisitions like Ceres Partners and Atlantic House that expand our capabilities, enhance our economics and accelerate our long-term trajectory. We believe this positions WisdomTree to deliver sustained growth, margin expansion and increasing earnings power," said CEO Jonathan Steinberg.