AllianceBernstein: Q2 Earnings Snapshot

July 29, 2022 GMT

NASHVILLE, Tenn. (AP) _ AllianceBernstein Holding LP (AB) on Friday reported second-quarter earnings of $68.1 million.

The Nashville, Tennessee-based company said it had profit of 69 cents per share. Earnings, adjusted for non-recurring costs, were 71 cents per share.

The investment management company posted revenue of $971.4 million in the period. Its adjusted revenue was $816.3 million.

AllianceBernstein shares have dropped 13% since the beginning of the year. The stock has declined 8.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AB at https://www.zacks.com/ap/AB