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Invesco logoInvesco IVZ

The company said net long-term inflows for Q1 2024 were $6.3 billion, and ending AUM at the end of the quarter was $1,662.7 billion, up 4.9% from the prior quarter.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net long-term inflows for Q1 2024 were $6.3 billion, and ending AUM at the end of the quarter was $1,662.7 billion, up 4.9% from the prior quarter.

  2. Invesco said U.S. GAAP operating revenues for Q1 rose 4.4% from the prior quarter to $1,475.3 million, with operating income at $213.1 million and diluted EPS at $0.31.

  3. The company said adjusted operating margin for Q1 was 28.2%, compared with 26.3% in the prior quarter and 30.4% a year earlier. Adjusted diluted EPS was $0.33, versus $0.47 in the prior quarter and $0.38 a year earlier.

  4. Invesco said it redeemed $600 million of senior notes in Q1 and ended the quarter with net debt of $361.8 million and cash and cash equivalents of $895.7 million.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Invesco Reports Q1 2024 Net Long-Term Inflows of $6.3 billion; Ending AUM $1,662.7 billion

The company said net long-term inflows for Q1 2024 were $6.3 billion, and ending AUM at the end of the quarter was $1,662.7 billion, up 4.9% from the prior quarter.

Source · Based on the filing body and exhibits

Invesco Q1 U.S. GAAP Operating Revenues, Operating Income and Diluted EPS

Invesco said U.S. GAAP operating revenues for Q1 rose 4.4% from the prior quarter to $1,475.3 million, with operating income at $213.1 million and diluted EPS at $0.31.

Source · Based on the filing body and exhibits

Adjusted Operating Margin of 28.2%; Adjusted Diluted EPS of $0.33

The company said adjusted operating margin for Q1 was 28.2%, compared with 26.3% in the prior quarter and 30.4% a year earlier. Adjusted diluted EPS was $0.33, versus $0.47 in the prior quarter and $0.38 a year earlier.

Source · Based on the filing body and exhibits

Invesco Redeems $600 million of Senior Notes; Net Debt at $361.8 million

Invesco said it redeemed $600 million of senior notes in Q1 and ended the quarter with net debt of $361.8 million and cash and cash equivalents of $895.7 million.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.