Apollo Global Management Inc. (APO) reported $932 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 17.5%. EPS of $1.64 for the same period compares to $1.70 a year ago.The reported revenue represents a surprise of +5.70% over the Zacks Consensus Estimate of $881.77 million. With the consensus EPS estimate being $1.74, the EPS surprise was -5.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...

Apollo Global Management, Inc. (NYSE:APO) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Noah Gunn - Global Head, Investor Relations Marc Rowan - Chief Executive Officer Scott Kleinman - Co-President Martin Kelly - Chief Financial Officer Conference Call Participants Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Patrick Davitt - Autonomous Research Brennan Hawken - UBS Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Alexander Bernstein - ...

Core Insights - Notified and CLEAR have formed an exclusive partnership to integrate CLEAR identity verification technology into Notified's GlobeNewswire press release distribution platform, enhancing trust in corporate communications [1][2] Group 1: Partnership Details - The integration of CLEAR Verified will provide an industry-leading identity verification system within existing press release workflows, allowing current users to verify in one step and new users to enroll easily [1][2] - A 'CLEAR Verified' digital badge will be added to press releases on GlobeNewswire.com, assuring audiences that the information is published by a verified individual [1][2] Group 2: Benefits of CLEAR Verified - Enhanced Security: The integration offers an additional layer of authentication for secure news distribution [2] - Flexibility: Customers can choose to apply "CLEAR Verified" to all releases or only to those considered critical and sensitive [2] - Advanced Privacy Measures: CLEAR's protocols ensure personal information is safeguarded, with a commitment not to sell user data [2] Group 3: Availability - CLEAR Verified press releases are currently available to United States-based GlobeNewswire customers, with plans for a broader rollout in the future [3]

Apollo Global Management, Inc. Second Quarter 2024 Earnings Second Quarter 2024 Financial Highlights GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders was $828 million for the quarter ended J . share Apollo's primary non-GAAP earnings metric, Adjusted Net Income, which represents the sum of FRE, SRE, and PII, less HoldCo . costs and taxes, totaled $1.0 billion, or $1.64 per share, for the second quarter | --- | |--------------------------------------------------------------- ...

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2024. Marc Rowan, Chief Executive Officer at Apollo said, “We generated record fee related earnings in the second quarter behind particularly strong momentum in Asset Management. The business produced record levels of quarterly debt origination, gross capital deployment, and third-party fundraising excludin ...

KATY, Texas and NEW YORK, July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and ...

MINNEAPOLIS, July 31, 2024 /PRNewswire/ -- Nokomis Energy has finalized a $30 million investment from Great Bay Renewables, a leading renewable energy investment fund.This investment enables Nokomis Energy to expand its growing portfolio of distribution-sited projects across the Midwest. Nokomis is focused on delivering clean, competitive electricity on the distribution grid, recognizing that communities cannot meet their energy needs solely through transmission-sited electricity generation. Nokomis Energ ...

Analysts on Wall Street project that Apollo Global Management Inc. (APO) will announce quarterly earnings of $1.74 per share in its forthcoming report, representing an increase of 2.4% year over year. Revenues are projected to reach $871.9 million, increasing 10% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimat ...

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation ("Sony"), for investments in the music industry. "We are pleased to provide a bespoke capital solution to an affiliate of one of the world's leading companies. This investment allows our clients to invest in high grade securities while h ...

Core Insights - The communications industry is facing significant challenges in influencing stakeholder awareness, trust, and sentiment due to the rise of digital platforms and information sources [1][2] - AI adoption is increasing among PR professionals, who are leveraging it to enhance storytelling, build consumer trust, and reach new audiences [1][4] Group 1: Challenges in Public Relations - A majority of PR professionals find it more difficult to maintain consistent messaging across various platforms, with 69% anticipating challenges in this area [3] - The threat of deepfakes and fake news is recognized by 79% of communicators as a measurable risk to brand reputation, yet 70% spend less than 10% of their time addressing these risks [3] Group 2: AI's Role in PR - 64% of PR professionals view AI as a significant enhancer of storytelling, an increase from 54% the previous year, while 23% believe it can help unlock new audiences [4] - 36% of respondents rank AI among their top four essential skills, with 77% predicting its importance will persist over the next five years [4]