U.S. Markets closed

Virtus: 1Q Earnings Snapshot

HARTFORD, Conn. (AP) _ Virtus Investment Partners Inc. (VRTS) on Friday reported first-quarter earnings of $21.7 million.

The Hartford, Connecticut-based company said it had net income of $2.61 per share. Earnings, adjusted for one-time gains and costs, were $2.73 per share.

The asset management company posted revenue of $130.7 million in the period.

Virtus shares have risen 52 percent since the beginning of the year. The stock has climbed nearly 6 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRTS at https://www.zacks.com/ap/VRTS