Artisan Partners: Q1 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported first-quarter net income of $59.5 million.

The Milwaukee-based company said it had profit of 84 cents per share. Earnings, adjusted for one-time items, were 76 cents per share.

The investment management firm posted revenue of $264.4 million in the period.

Artisan Partners shares have fallen roughly 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $43.45, an increase of 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APAM at https://www.zacks.com/ap/APAM