BOSTON (AP) — BOSTON (AP) — Acadian Asset Management Inc. (AAMI) on Thursday reported third-quarter net income of $15.1 million.
The Boston-based company said it had profit of 42 cents per share. Earnings, adjusted for non-recurring costs, came to 76 cents per share.
The asset manager posted revenue of $144.2 million in the period. Its adjusted revenue was $136.3 million.
Acadian Asset Management shares have risen 87% since the beginning of the year. The stock has increased 87% in the last 12 months.
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