Brief: GCM Grosvenor Reports Q2 Results

GCM Grosvenor

10/08/2021 13:40

Aug 10 (Reuters) - GCM Grosvenor Inc  GCMG.O :
    * GCM GROSVENOR INC QTRLY REVENUE  INCREASED 33% FROM PRIOR
YEAR
QTD TO $119.7 MILLION
    * GCM GROSVENOR INC - REAFFIRMED PRIOR FY 2021 GUIDANCE OF
FEE-RELATED REVENUE GROWTH OF 12% -15% AND FEE-RELATED EARNINGS
GROWTH OF 15% -20%
    * GCM GROSVENOR INC QTRLY GAAP NET INCOME WAS $0.7 MILLION
    * GCM GROSVENOR INC QTRLY ADJUSTED NET INCOME INCREASED 30%
FROM
PRIOR YEAR QTD TO $19.3 MILLION

Source text for Eikon:  ID:nGNX8w0g0G 
Further company coverage:  GCMG.O 

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