WisdomTree(US:WT)2020-10-30 12:01AUM and Flows - WisdomTree's AUM rebounded, up +5.3% sequentially[9] - U S listed ETFs had Q3 inflows of +$575 million, representing 7% annualized organic growth[9] - Europe listed ETPs experienced Q3 outflows of ($10) billion, led by Energy ($817 million) and physical Gold ($523 million)[9] - Strong start to Q4 with $854 million of inflows driven by physical Gold[9] Financial Performance - Adjusted Net Income rebounded with higher average AUM/revenues[10] - Q3 Total Revenue was $646 million[10] - Adjusted EPS (non-GAAP) was $007[10] - The company completed a $25 million add-on to its convertible offering and spent $45 million to repurchase 11 million shares[10] Margins and Expenses - Operating margins expanded in Q3/20[11] - Gross margins expanded sequentially, driven by higher average AUM[15] - Discretionary spending remains well controlled, with a full-year outlook of approximately $41 million[16]