“In the second quarter of 2023, adjusted operating EPS grew 30% compared with the prior-year period, reflecting the benefit of our diverse revenue streams and prudent expense management,” said Heather Lavallee, chief executive officer, Voya Financial. “For the trailing 12 months ended June 30, 2023, we grew net revenues, excluding notables, in each of our businesses and also continued to achieve strong margins. At the same time, we reduced administrative expenses compared with first-quarter 2023. Our strategy – which centers around the current and growing needs of employers, employees and intermediaries – will enable us to continue to advance our growth plans and create positive outcomes for all of our stakeholders.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VOYA: