The company said its GAAP operating margin for Q3 2024 was 6.6% on GAAP operating income of $100.5 million, and its adjusted operating margin was 31.6%. The operating margin includes a one-time non-cash expense of $147.6 million from changes to the retirement criteria for vesting of long-term awards.

1. 01

   The company said its GAAP operating margin for Q3 2024 was 6.6% on GAAP operating income of $100.5 million, and its adjusted operating margin was 31.6%. The operating margin includes a one-time non-cash expense of $147.6 million from changes to the retirement criteria for vesting of long-term awards.

2. 02

   The company said net long-term inflows for Q3 were $16.5 billion and ending AUM rose to a record high of $1.8 trillion, an increase of 4.7% from the prior quarter. It said the inflows came mainly from ETFs and Index, Fundamental Fixed Income and Multi-Asset/Other.

3. 03

   The company reported diluted EPS of $0.12 for Q3, lower than $0.29 for Q2, and adjusted diluted EPS of $0.44, higher than $0.43 for Q2. Net income attributable to Invesco was $55.0 million.

4. 04

   The company said that as of September 30, 2024, it had cash and cash equivalents of $1,044.9 million and a credit facility balance of 0. It said it repurchased 1.5 million common shares for $25 million in the open market during Q3.

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.

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

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