AMK - Earnings announcements

CONCORD, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights Net income for the quarter was $32.3 million, or $0.43 per share.Adjusted net income for the quarter was $49.8 million, or $0.66 per share, on total revenue of $198.5 million.Adjusted EBITDA for the quarter was $71.9 million, or 36.2% of total revenue.Platform assets increased 18.5% year-over-year to $119.4 billion. Quarter-over-quarter platform assets were up 2.1%, due to market impact net of fees of $0.8 billion and quarterly net flows of $1

CONCORD, Calif., May 01, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Net income for the quarter was $38.0 million, or $0.51 per share.Adjusted net income for the quarter was $45.2 million, or $0.60 per share, on total revenue of $190.3 million.Adjusted EBITDA for the quarter was $65.9 million, or 34.6% of total revenue.Platform assets increased 21.5% year-over-year to $116.9 billion. Quarter-over-quarter platform assets were up 7.3%, due to market impact net of fees of $6.1 billion and quarterly net flows of $1.8 billion.Year-t

CONCORD, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended December 31, 2023. Fourth Quarter 2023 Financial and Operational Highlights Net income for the quarter was $34.6 million, or $0.47 per share.Adjusted net income for the quarter was $44.0 million, or $0.59 per share, on total revenue of $158.2 million.Adjusted EBITDA for the quarter was $63.8 million, or 40.3% of total revenue.Platform assets increased 19.1% year-over-year to $108.9 billion. Quarter-over-quarter platform assets were up 9.4%, due to market impact net of fees of $8.1 billion and quarterly net flows of $1.3 billion.Annua

CONCORD, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended December 31, 2023, after the U.S. market close on Wednesday, February 21, 2024. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.netr

CONCORD, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Net income for the quarter was $38.4 million, or $0.52 per share.Adjusted net income for the quarter was $46.0 million, or $0.62 per share, on total revenue of $190.5 million.Adjusted EBITDA for the quarter was $66.5 million, or 34.9% of total revenue.Platform assets increased 25.5% year-over-year to $99.6 billion. Quarter-over-quarter platform assets were down 1.2%, due to negative market impact net of fees of $2.7 billion, partially offset by quarte

CONCORD, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended September 30, 2023, after the U.S. market close on Monday, November 6, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.n

CONCORD, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended June 30, 2023, after the U.S. market close on Wednesday, August 2, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.netro

CONCORD, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial and Operational Highlights Net income for the quarter was $17.2 million, or $0.23 per share.Adjusted net income for the quarter was $39.7 million, or $0.53 per share, on total revenue of $176.6 million.Adjusted EBITDA for the quarter was $58.8 million, or 33.3% of total revenue.Platform assets increased 5.9% year-over-year to $96.2 billion. Quarter-over-quarter platform assets were up 5.2%, due to market impact net of fees of $3.1 billion, and quarterly net flows of $1.6 billion.Year-to

CONCORD, Calif., April 20, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended March 31, 2023, after the U.S. market close on Wednesday, May 3, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.netroadshow.

CONCORD, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial and Operational Highlights Net income for the quarter was $25.6 million, or $0.35 per share.Adjusted net income for the quarter was $34.3 million, or $0.46 per share, on total revenue of $164.1 million.Adjusted EBITDA for the quarter was $52.9 million, or 32.2% of total revenue.Platform assets decreased 2.2% year-over-year to $91.5 billion. Quarter-over-quarter platform assets were up 15.2%, due to adding $6.9 billion from the acquisition of Adhesion Wealth, market impact net

CONCORD, Calif., Feb. 10, 2023 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended December 31, 2022, after the U.S. market close on Wednesday, February 22, 2023. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here

CONCORD, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial and Operational Highlights Net income for the quarter was $30.1 million, or $0.41 per share.Adjusted net income for the quarter was $35.0 million, or $0.47 per share, on total revenue of $154.7 million.Adjusted EBITDA for the quarter was $52.7 million, or 34.0% of total revenue.Platform assets decreased 8.6% year-over-year to $79.4 billion. Quarter-over-quarter platform assets were down 3.3%, due to negative market impact net of fees of $4.0 billion, partially offset by quarterly net flows

CONCORD, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended September 30, 2022 after the U.S. market close on Tuesday, November 1, 2022. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.netroad

CONCORD, Calif., Aug. 03, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended June 30, 2022. Second Quarter 2022 Financial and Operational Highlights Net income for the quarter was $25.3 million, or $0.34 per share.Adjusted net income for the quarter was $32.4 million, or $0.44 per share, on total revenue of $151.2 million.Adjusted EBITDA for the quarter was $49.6 million, or 32.8% of total revenue.Platform assets decreased 2.9% year-over-year and 9.6% quarter-over-quarter to $82.1 billion, due to negative market impact net of fees of $10.1 billion, partially offset by quarterly net flows of $1.4 billion.Year-to-d

CONCORD, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended June 30, 2022 after the U.S. market close on Wednesday, August 3, 2022. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://ige.netroa

CONCORD, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended March 31, 2022. First Quarter 2022 Financial and Operational Highlights Net income for the quarter was $22.2 million, or $0.30 per share.Adjusted net income for the quarter was $28.8 million, or $0.39 per share, on total revenue of $148.3 million.Adjusted EBITDA for the quarter was $44.5 million, or 30.0% of total revenue.Platform assets increased 15.1% year-over-year, but declined 2.9% quarter-over-quarter to $90.8 billion, due to negative market impact net of fees of $4.8 billion, partially offset by quarterly net flows of $2.1 billio

CONCORD, Calif., April 07, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended March 31, 2022 after the U.S. market close on Thursday, April 28, 2022. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial-in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.incommgloba

CONCORD, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter and full year ended December 31, 2021. Fourth Quarter 2021 Financial and Operational Highlights Net income for the quarter was $12.4 million, or $0.17 per share.Adjusted net income for the quarter was $24.7 million, or $0.33 per share, on total revenue of $143.6 million.Adjusted EBITDA for the quarter was $38.3 million, or 26.7% of total revenue.Platform assets increased 25.5% year-over-year and 7.7% quarter-over-quarter to $93.5 billion, aided by quarterly record net flows of $2.9 billion and market impact net of fees of $3.7 billion. Annual

CONCORD, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended December 31, 2021 after the U.S. market close on Tuesday, February 15, 2022. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.i

CONCORD, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended September 30, 2021. Third Quarter 2021 Financial and Operational Highlights Net income for the quarter was $12.3 million, or $0.17 per share.Adjusted net income for the quarter was $29.9 million, or $0.40 per share, on total revenue of $139.7 million.Adjusted EBITDA for the quarter was $44.8 million, or 32.0% of total revenue.Platform assets increased 29.1% year-over-year and 2.6% quarter-over-quarter to $86.8 billion, aided by quarterly record net flows of $2.8 billion and partially offset by a negative market impact net of fees of $0.6

CONCORD, Calif., Oct. 14, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced that it will release financial results for its quarter ended September 30, 2021 after the U.S. market close on Tuesday, November 9, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: https://www.incommg

CONCORD, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE:AMK) today announced financial results for the quarter ended June 30, 2021. Second Quarter 2021 Financial and Operational Highlights Net income for the quarter was $10.0 million, or $0.14 per share.Adjusted net income for the quarter was $26.6 million, or $0.36 per share, on total revenue of $128.0 million.Adjusted EBITDA for the quarter was $40.0 million, or 31.3% of total revenue.Platform assets increased 33.8% year-over-year and 7.2% quarter-over-quarter to $84.6 billion, aided by quarterly record net flows of $2.2 billion and market impact net of fees of $3.5 billion. Y