P10, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:52 pm EDT
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P10, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 62.47 million compared to USD 46.74 million a year ago. Net income was USD 1.76 million compared to USD 11.15 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.09 a year ago.
For the six months, revenue was USD 119.73 million compared to USD 90.02 million a year ago. Net income was USD 2.37 million compared to USD 18.95 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.16 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.16 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.