Westwood Holdings ( (WHG) ) has released its Q1 earnings. Here is a breakdown of the information Westwood Holdings presented to its investors.
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Westwood Holdings Group, Inc. is a boutique asset management firm offering a range of actively-managed investment strategies and wealth services to institutional, intermediary, and private wealth clients, known for its client-first approach and innovative strategies.
In its first quarter of 2025 earnings report, Westwood Holdings Group highlighted a strong start to the year with exceptional sales performance across its Institutional and Intermediary channels, alongside strategic expansions in its ETF platform.
Key financial metrics revealed a quarterly revenue of $23.3 million, a slight decrease from the previous quarter but an increase from the same period last year. The firm reported a net income of $0.5 million, down from $2.1 million in the previous quarter, attributed to lower performance-based fees and higher operating expenses. Despite this, the company maintained a strong cash position with $26.9 million in cash and liquid investments and declared a dividend of $0.15 per share.
Strategically, Westwood continued to expand its ETF offerings with the launch of the LBRTY Global Equity ETF and celebrated the one-year anniversary of its MDST ETF, which boasts a 10.5% annualized distribution rate. The firm also secured a significant sub-advisory mandate in its Small Cap Value strategy, underscoring its robust pipeline and commitment to high-quality investments.
Looking ahead, Westwood Holdings remains focused on navigating market uncertainties and delivering long-term value to its clients and shareholders, leveraging its diverse product lineup and strategic initiatives to sustain growth and performance.