Fiera Capital Reports Lower Revenue, Higher Profit In Q1 2025
From Nasdaq.: 2025-05-09 14:17:00
Fiera Capital Corporation (FSZ.TO) reported first quarter results, with net earnings of $21.8 million, up from $7.6 million a year ago. Adjusted net earnings were slightly lower at $25.4 million. Total revenue declined to $162.9 million, mainly due to a drop in performance fees. Adjusted EBITDA was $43.4 million, with a margin of 26.6 percent. FSX.TO is currently trading at 5.75 CAD, down 12.21 percent on the Toronto Stock Exchange.
Read more at Nasdaq.: Fiera Capital Reports Lower Revenue, Higher Profit In Q1 2025