MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported second-quarter net income of $67.6 million.
On a per-share basis, the Milwaukee-based company said it had net income of 94 cents. Earnings, adjusted for non-recurring gains, were 83 cents per share.
The investment management firm posted revenue of $282.8 million in the period.
Artisan Partners shares have risen 6.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $45.84, an increase of roughly 7% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APAM at https://www.zacks.com/ap/APAM
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