Financial Performance - Adjusted net sales for Q2 2025 were $310 million, a 14% increase[13] - Adjusted EPS for Q2 2025 was $1.13, an 11% increase[13] - The company is establishing 2025 guidance for adjusted net sales between $1.15 billion and $1.20 billion, approximately a 16% increase compared to 2024's $1.01 billion[66] - The company is establishing 2025 guidance for adjusted EBITDA between $200.9 million and $212.4 million, approximately a 16% increase compared to 2024's $177.5 million[66] - The company is establishing 2025 guidance for adjusted EPS between $4.20 and $4.45, approximately a 13% increase compared to 2024's $3.82[66] Segment Results - Residential net sales for Q2 2025 were $230.3 million, an 8.9% increase compared to Q2 2024's $211.5 million[18] - Agtech net sales for Q2 2025 were $54.1 million, a 56.8% increase compared to Q2 2024's $34.5 million[29] - Infrastructure net sales for Q2 2025 were $25.2 million, a 1.6% increase compared to Q2 2024's $24.8 million[56] Portfolio and Strategy - The company invested $208 million year-to-date in selective M&A to build presence and scale core competencies[11] - Order backlog increased 43% to $278 million[15] - Renewables segment was classified as held-for-sale and a discontinued operation[15]

Financial Performance - AllianceBernstein reported a GAAP net income of $0.64 per unit and an adjusted net income of $0.76 per unit for the second quarter of 2025, with cash distribution also at $0.76 per unit [1][38]. - Total net revenues for the second quarter were $1.1 billion, reflecting a 5.9% increase from $1.0 billion in the same quarter of 2024 [12][37]. - Operating income increased by 11.4% to $222 million compared to $199 million in the second quarter of 2024, while the operating margin improved to 20.7% [17][37]. Assets Under Management - Assets under management (AUM) reached a record high of $829.1 billion, up 7.7% from $769.5 billion year-over-year and up 5.7% from $784.5 billion in the previous quarter [6][38]. - The average AUM for the quarter was $799.5 billion, an increase of 5.8% from $755.5 billion in the same quarter of 2024 [6][38]. Net Flows - The firm experienced total net outflows of $6.7 billion in the second quarter, contrasting with net inflows of $2.4 billion in the first quarter of 2025 [7][9]. - Retail active equities saw net outflows of $3.7 billion, while institutional active net flows were positive, driven by $1 billion into taxable fixed income and alternatives/multi-asset [3][8]. Market Conditions - The second quarter of 2025 was characterized by improved investor sentiment as geopolitical tensions eased, leading to positive returns in risk assets [2][4]. - Global equity markets, including the S&P 500 and MSCI EAFE, reported total returns of 10.9% and 12.1%, respectively, during the quarter [5]. Operational Highlights - The company reported a 4% increase in investment advisory base fees year-over-year, with adjusted operating income rising by 7% [2][24]. - Employee headcount increased to 4,380 as of June 30, 2025, compared to 4,264 a year earlier [26]. Distribution and Shareholder Returns - The cash distribution per unit of $0.76 is scheduled for payment on August 14, 2025, to holders of record as of August 4, 2025 [3][11].

Core Viewpoint - Invesco Ltd. reported a second quarter diluted EPS of $(0.03) and an adjusted diluted EPS of $0.36, impacted by costs related to the repurchase of preferred stock [1][14]. Financial Performance - The company generated $16 billion in net long-term inflows during the quarter, achieving a record $2 trillion in assets under management (AUM), which represents a 16% increase year-over-year [2][8]. - Operating revenues for Q2 2025 were $1,515.5 million, a decrease of 0.9% from Q1 2025 but an increase of 2.2% compared to Q2 2024 [7][15]. - The operating income was $214.2 million, down 22.8% from Q1 2025 but up 3.6% from Q2 2024 [7][15]. - The adjusted operating income was $344.4 million, with an adjusted operating margin of 31.2% [7][22]. Net Flows - Net long-term inflows were $15.6 billion in Q2 2025, down from $17.6 billion in Q1 2025 [3][6]. - Retail and institutional net long-term inflows were $9.1 billion and $6.5 billion, respectively, with significant contributions from ETFs and Index, China JV & India, and Fundamental Fixed Income [4][8]. Assets Under Management - Ending AUM increased by 8.5% to $2,001.4 billion from $1,844.8 billion in Q1 2025, and by 16.6% from $1,715.8 billion in Q2 2024 [9][8]. - Average AUM rose by 0.9% during the quarter [9]. Capital Management - The company repurchased $1 billion of its preferred stock and continued to repurchase common shares, totaling 1.7 million shares for $25 million during the quarter [2][27]. - Cash and cash equivalents stood at $922.7 million as of June 30, 2025, up from $821.7 million at the end of Q1 2025 [25]. - Total debt increased to $1,883.9 million, which includes $1 billion in new bank term loans for the preferred stock repurchase [26]. Tax and Earnings - The effective tax rate for Q2 2025 was 28.1%, up from 22.5% in Q1 2025 [13][17]. - Adjusted net income attributable to Invesco Ltd. was $165.2 million, down 17.6% from Q1 2025 [9][41].