AllianceBernstein's Impressive Q3: Earnings Surge

AllianceBernstein's Q3 earnings soared, exceeding expectations and sending shares up almost four percent! Revenue jumped to $1.14 billion, fueled by strategic partnerships and client offerings. Despite some outflows, key areas saw significant inflows, boosting assets under management to $860 billion. Plus, investors get an 11% distribution increase!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.