Financial Performance - Revenues for Q3 2025 were $216.4 million, a decrease of 5% from $227.0 million in Q3 2024, but an increase of 3% from $210.5 million in Q2 2025[3] - Net income attributable to Virtus Investment Partners, Inc. was $31.9 million, down 22% from $41.0 million in Q3 2024 and down 25% from $42.4 million in Q2 2025[3] - Total revenues decreased by 5% to $216,385,000 compared to $227,029,000 in the same quarter last year[24] - Net income attributable to Virtus Investment Partners, Inc. decreased by 22% to $31,926,000 compared to $40,980,000 in the prior year[24] - Earnings per share (diluted) decreased by 19% to $4.65 from $5.71 year-over-year[24] - Operating income (loss) for Q3 2025 was $47,060, a decrease of 14.8% from $55,258 in Q3 2024[30] - Adjusted operating income for Q3 2025 was $64,969, compared to $70,468 in Q3 2024, reflecting a decline of 7.1%[30] - The adjusted net income for Q3 2025 was $45,941, compared to $49,643 in Q3 2024, reflecting a decrease of 7.5%[31] Assets Under Management - Total assets under management decreased to $169.3 billion, an 8% decline from $183.7 billion in Q3 2024 and a 1% decrease from $170.7 billion in Q2 2025[6] - Assets under management totaled $169,325,000,000, a decrease from $183,742,000,000 at the end of the previous year[25] - Open-End Funds saw a slight decrease in assets under management, ending at $55,724,000,000 compared to $58,100,000,000 a year ago[25] - Institutional Accounts decreased to $55,936,000,000 from $64,600,000,000 year-over-year[25] - The ending balance for Total Assets Under Management was $183,742 million as of 9/30/2024, decreasing to $169,325 million by 9/30/2025[27] Cash and Debt Management - Cash and cash equivalents increased by 90% year-over-year to $370.6 million, up from $195.5 million in Q3 2024[18] - Gross debt rose to $400.0 million, a 65% increase from $241.8 million in Q3 2024[18] - The company completed a refinancing of its credit arrangement, securing a new $400.0 million senior secured loan and a $250.0 million revolving credit facility[18] Expenses and Dividends - Total operating expenses decreased by 1% to $169,325,000 compared to $171,771,000 in the same quarter last year[24] - Employment expenses for Q3 2025 were $98,807, down from $105,555 in Q3 2024, a decrease of 6.9%[31] - Cash dividends declared per common share increased by 7% to $2.40 from $2.25 in the previous year[24] - Interest expense decreased by 9% to $5,299,000 from $5,807,000 year-over-year[24] Flows and Fees - Net flows were negative at ($3.9) billion, unchanged from the prior quarter, with institutional net flows of ($1.5) billion and retail separate account net flows of ($1.2) billion[8] - Investment management fees fell by 5% to $183,762,000 from $193,843,000 year-over-year[24] - Average management fees for Open-End Funds decreased from 49.7 basis points in 9/30/2024 to 47.0 basis points in 9/30/2025[26] - Institutional Accounts experienced net outflows of $(1,130) million for the three months ended 9/30/2025, with a beginning balance of $62,146 million[27] - Inflows for Retail Separate Accounts totaled $2,260 million in 9/30/2024, with outflows of $(1,829) million during the same period[27] Tax and Other Income - The effective tax rate increased to 29% from 22% in the prior quarter, reflecting higher income tax valuation allowances[12] - The effective tax rate for Q3 2025 was 29.5%, an increase from 24.3% in Q3 2024[30] - Total other income (expense), net for Q3 2025 was $(12,120), compared to $(28) in Q3 2024[31] - Consolidated investment products generated losses of $2,834 in Q3 2025, slightly up from $2,736 in Q3 2024[30] Forward-Looking Statements and Risks - Forward-looking statements indicate expectations regarding assets under management, net asset inflows, and business plans, but involve substantial risks and uncertainties[45] - The company faces risks including reduction in assets under management, financial risks from strategic transactions, and challenges in attracting key personnel[46] - The company does not plan to update forward-looking statements to reflect actual results or changes in circumstances after the release date[49] - The company emphasizes the importance of considering various risk factors that may impact financial results and liquidity[48]

Core Insights - Virtus Investment Partners reported a decline in revenues and net income for the third quarter of 2025 compared to the same period in 2024, with revenues at $216.4 million, down 5%, and net income at $31.9 million, down 22% [2][9]. Financial Performance - Revenues for Q3 2025 were $216.4 million, compared to $227.0 million in Q3 2024, reflecting a 5% decrease, but a 3% increase from $210.5 million in Q2 2025 [2]. - Operating expenses decreased by 1% to $169.3 million from $171.8 million in Q3 2024, and increased by 2% from $165.3 million in Q2 2025 [2]. - Operating income was $47.1 million, down 15% from $55.3 million in Q3 2024, but up 4% from $45.2 million in Q2 2025 [2]. - The operating margin decreased to 21.7% from 24.3% in Q3 2024 [2]. Earnings Per Share - Diluted earnings per share were $4.65, down 19% from $5.71 in Q3 2024 and down 24% from $6.12 in Q2 2025 [2][9]. - Adjusted diluted earnings per share were $6.69, a decrease of 3% from $6.92 in Q3 2024 [11][13]. Assets Under Management - Total assets under management (AUM) were $169.3 billion as of September 30, 2025, down 8% from $183.7 billion in Q3 2024 and down 1% from $170.7 billion in Q2 2025 [4]. - Average total AUM for Q3 2025 was $170.3 billion, a decrease of 3% from $176.0 billion in Q3 2024 [4]. Sales and Flows - Total sales for the quarter were $6.3 billion, a 12% increase from $5.6 billion in Q2 2025 [5]. - Net flows were negative at $(3.9) billion, unchanged from the prior quarter, with institutional net flows at $(1.5) billion and retail separate account net flows at $(1.2) billion [6]. Balance Sheet and Cash Flow - Cash and cash equivalents increased by 90% to $370.6 million from $195.5 million in Q3 2024 [15]. - Gross debt rose by 65% to $400.0 million from $241.8 million in Q3 2024 [15]. - Working capital doubled to $288.4 million from $144.0 million in Q2 2025, primarily due to proceeds from debt refinancing [16]. Dividend - The company increased its quarterly dividend by 7% to $2.40 per share [16].

The market expects Virtus Investment Partners (VRTS) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expecte ...

Investors might want to bet on Virtus Investment Partners (VRTS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since ...

Core Insights - Virtus Investment Partners reported preliminary assets under management (AUM) of $169.3 billion and total client assets of $171.1 billion as of September 30, 2025, reflecting a decrease from previous months due to net outflows in various accounts [1][2]. Summary by Category Assets Under Management - As of September 30, 2025, total AUM was $169.3 billion, down from $170.6 billion in August and $170.7 billion in June 2025 [1][2]. - The breakdown of AUM by product type includes: - Open-End Funds: $55.724 billion - Closed-End Funds: $10.867 billion - Retail Separate Accounts: $46.798 billion - Institutional Accounts: $55.936 billion [2]. - AUM by asset class shows: - Equity: $92.066 billion - Fixed Income: $39.750 billion - Multi-Asset: $22.078 billion - Alternatives: $15.431 billion [2]. Performance Factors - The decrease in AUM from June 30, 2025, was attributed to net outflows in U.S. retail funds, institutional accounts, and retail separate accounts, which were partially offset by market performance and positive net flows in exchange-traded funds [1][2]. Company Overview - Virtus Investment Partners is a partnership of boutique investment managers focused on the long-term success of individual and institutional investors, offering a range of investment products and services [3].

Core Insights - Vertiqal Studios has announced a strategic partnership with HSAD to enhance virtual production capabilities and scalable content solutions [1][4] - The collaboration will utilize HSAD's advanced Virtual Production Studio, which features LG's Magnit Micro LED technology for high-resolution backgrounds [2][5] - This partnership aims to provide innovative marketing solutions and expand client access to virtual production services [4][5] Company Overview - Vertiqal Studios is a digital publisher and social-first production studio focused on creating trend-driven content and immersive experiences [6] - HSAD is a full-service global advertising agency under the LG Group, specializing in brand marketing and virtual production services [8] Partnership Benefits - The partnership allows Vertiqal to execute high-impact productions efficiently, without the overhead of constant operations [3][4] - HSAD gains access to Vertiqal's media sales expertise, facilitating broader client engagement and service adoption [4] - Both companies are positioned for larger-scale opportunities, enabling Vertiqal to pursue multi-million-dollar activations [4][5] Future Plans - Vertiqal is set to produce content for major sports leagues in November 2025 using HSAD's Virtual Production Studio [5] - The collaboration aims to expand the scope of content delivery across digital and experiential channels, focusing on efficiency and creative excellence [5]

Vertiqal Studios Corp. Appoints Award-Winning Advertising and Marketing Executive Steven Moy to Board of DirectorsOctober 07, 2025 9:01 AM EDT | Source: Vertiqal StudiosToronto, Ontario--(Newsfile Corp. - October 7, 2025) - Vertiqal Studios Corp. (TSX: VRTS) (FSE: 9PY0) ("Vertiqal" or the "Company"), a leading digital-channel network and video-production studio, as well as the owner of North America's largest gaming and lifestyle network on social media, is pleased to announce that award-winni ...

Core Insights - Vertiqal Studios Corp. has entered a strategic content agreement with the NFL to utilize official game highlights and news clips in original content series aimed at Gen Z and Millennial audiences [1][2][5] - The partnership aims to enhance the NFL's reach beyond traditional sports programming by creating content that resonates with younger demographics on platforms like TikTok, Snapchat, Instagram, X, and YouTube [2][4] - This collaboration opens new advertising opportunities for brands to engage with deeply connected audiences in a digital-first storytelling environment [3][4] Company Overview - Vertiqal Studios operates one of North America's largest gaming and lifestyle networks on social media, specializing in viral video campaigns and content production [6] - The company manages over 200 channels across various platforms and produces more than 100 pieces of content daily, reaching an audience of over 200 million followers [6] - The partnership with the NFL marks a significant milestone in Vertiqal's evolution as a cross-platform content powerhouse [5]

Core Insights - Companies with a strong history of dividend payments and increases are attractive to income-focused investors, with CareTrust REIT, Virtus Investment, and Alliant Energy recently announcing dividend hikes and offering yields up to 5% [1] CareTrust REIT - CareTrust REIT Inc. has increased its dividends annually for the last 10 years, with the most recent hike on March 18 raising the quarterly payout from $0.29 to $0.335 per share, resulting in an annual figure of $1.34 per share [2] - The company maintained the same dividend payout in its September 15 announcement, with a current dividend yield of 3.91% [2] - As of June 30, CareTrust's annual revenue was $277.03 million, and it reported Q2 2025 revenues of $112.47 million and EPS of $0.43, both exceeding expectations [3] Virtus Investment Partners - Virtus Investment Partners has increased its dividends for seven consecutive years, with a 7% increase announced on August 14, raising the quarterly payout to $2.40 per share, equating to an annual figure of $9.60 per share [4] - The current dividend yield for Virtus is 5.05% [4] - The company's annual revenue as of June 30 was $884.72 million, with Q2 2025 revenues of $210.53 million and EPS of $6.25, both surpassing consensus estimates [4] Alliant Energy - Alliant Energy Corp. provides regulated electric and natural gas services in the U.S. [6]

Core Insights - Vertiqal Studios Corp. has successfully completed its acquisition of Enthusiast Gaming's direct media sales business, marking a significant milestone in its growth strategy [1][4] - The integration of Enthusiast Gaming's operations has positioned Vertiqal as a leading partner for brands in targeted digital advertising across various content verticals [2] - The company has secured a booked revenue pipeline of over $3 million USD for Q4, reflecting the effectiveness of its consolidated media strategy [3] Company Overview - Vertiqal Studios operates a diversified network of digital properties and branded content channels, reaching over 200 million engaged consumers monthly [4] - The company's integrated approach combines in-house creative production, proprietary distribution points, and direct media sales to deliver results for global advertisers [4][8] - The company aims to leverage its expanded capabilities to drive organic growth and deeper brand partnerships [5]