MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported first-quarter net income of $61.1 million.
On a per-share basis, the Milwaukee-based company said it had profit of 82 cents. Earnings, adjusted for non-recurring costs, were 83 cents per share.
The investment management firm posted revenue of $277.1 million in the period.
Artisan Partners shares have declined 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $37.56, a decline of 10% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APAM at https://www.zacks.com/ap/APAM
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