BOSTON (AP) — BOSTON (AP) — BrightSphere Investment Group (BSIG) on Thursday reported third-quarter profit of $16.9 million.
The Boston-based company said it had net income of 45 cents per share. Earnings, adjusted for non-recurring costs, were 59 cents per share.
The asset manager posted revenue of $123.1 million in the period.
BrightSphere Investment Group shares have risen 38% since the beginning of the year. The stock has climbed 66% in the last 12 months.
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