Victory Capital reports Q4 adjusted EPS $1.15, consensus $1.13

Reports Q4 revenue $205.8M, consensus $203.83M. Reports AUM of $166.6B. “We made significant progress in our strategic growth initiatives during 2023 and continued to validate the effectiveness and resiliency of our unique operating platform,” said David Brown, Chairman and Chief Executive Officer. “We invested in our business via the launching of several new products, enhancing our investment capabilities in several areas, and expanding our technology resources across the platform. Concurrently, we also expanded our profit margin with adjusted EBITDA margin rising 130 basis points to 50.9% for the year.”