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Victory Capital(VCTR) - 2024 Q3 - Quarterly Results
VCTRVictory Capital(VCTR)2024-11-07 21:45

Exhibit 99.1 NEWS RELEASE Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share Third-Quarter Highlights • Total Client Assets of 181.1billionLongtermgrossflowsof181.1 billion • Long-term gross flows of 5.9 billion • Long-term net flows of (2.6)billionGAAPoperatingmarginof53.32.6) billion • GAAP operating margin of 53.3% • GAAP net income per diluted share of 1.24 • Adjusted EBITDA margin of 53.7% • Adjusted net income with tax benefit per diluted share of 1.35Boardauthorizesan71.35 • Board authorizes an 7% increase in regular quarterly cash dividend to 0.44 Sa ...