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Artisan Partners reports Q3 adjusted EPS $1.02, consensus 97c

Reports Q3 revenue $301.3M, consensus $304.38M. CEO Jason Gottlieb said: “Third quarter results reflect our ability to grow earnings thoughtfully as a result of our scalable operating and financial model. Revenues increased 7% from last quarter driven by favorable market conditions. Our operating margin benefited from higher revenues and disciplined fixed expense management, improving meaningfully to 34% or 36% on an adjusted basis.”

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