MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported third-quarter profit of $53.1 million.
On a per-share basis, the Milwaukee-based company said it had profit of 76 cents. Earnings, adjusted for one-time items, were 75 cents per share.
The investment management firm posted revenue of $248.7 million in the period.
Artisan Partners shares have risen 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $33, a rise of 16% 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
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