Overview
Westwood Holdings Group Q2 net income $1.0 mln vs. $2.2 mln loss last year
Revenue flat at $23.1 mln compared to $23.3 mln in Q1 2025
Assets under management rose to $18.3 bln from $16.8 bln last year
Outlook
Company did not provide specific guidance for future quarters or full year in the press release
Result Drivers
AUM GROWTH - Assets under management increased to $18.3 bln from $16.8 bln last year, driven by strong investment strategy performance
EXPENSE REDUCTION - Net income improved due to lower operating expenses related to timing of compensation and benefits payments
ETF MILESTONE - Enhanced Midstream Energy ETF surpassed $100 mln, contributing to overall growth
Key Details
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Press Release: ID:nGNX7tLyBV
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)