Diamond Hill Investment Group Inc reports Q2 adj EPS $2.88 vs. $2.35 last year

Reports Q2 revenue $36.6M vs. $33.35M last year. AUM and assets under advisement combined were $31.1B vs. $29.2B as of December 31, 2023, and $27.9B as of June 30, 2023. “We are pleased to see continued strong performance and growth in our fixed income strategies, which contributed to an increase in average assets under management and advisement in the first half,” said Heather Brilliant, CEO. “This growth in fixed income combined with strong equity markets resulted in higher revenue. We remain committed to delivering great outcomes for clients in asset classes where we have competitive advantages.”