BUSINESS
Acadian Asset Management: Q4 Earnings Snapshot
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On Thursday, Acadian Asset Management Inc. said fourth-quarter profit was $34.7 million, or 97 cents a share, with adjusted earnings of $1.32. Revenue totaled $172.2 million; on an adjusted basis, $169.7 million. The Boston-based asset manager’s shares are up 12% since the start of the year and have more than doubled over the past 12 months.
Prepared by Christopher Adams and reviewed by editorial team.
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Acadian Asset Management: Q4 Earnings Snapshot
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