P10, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:11 pm EST
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P10, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 58.94 million compared to USD 50 million a year ago. Net loss was USD 8.42 million compared to net income of USD 5.62 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
For the nine months, revenue was USD 178.67 million compared to USD 140.02 million a year ago. Net loss was USD 6.05 million compared to net income of USD 24.56 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to basic earnings per share from continuing operations of USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to diluted earnings per share from continuing operations of USD 0.2 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.
P10, INC. 
