P10, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 08, 2024 at 04:11 pm EDT
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P10, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 66.12 million compared to USD 57.25 million a year ago. Net income was USD 5.02 million compared to USD 0.605 million a year ago.
Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
P10, Inc. is a multi-asset class private markets solutions provider in the alternative asset management industry. The Company provides its investors with differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. It structures, manages and monitors portfolios of private market investments, which include specialized funds and customized separate accounts within primary investment funds, secondary investments, direct investments and co-investments, (collectively, specialized investment vehicles) across asset classes and geographies in the middle and lower middle markets. Its portfolio of private solutions includes Private Equity, Venture Capital, Impact Investing and Private Credit. The Company has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents, which includes pension funds, endowments, foundations, corporate pensions, and financial institutions, among others.