Artisan Partners: Q4 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported fourth-quarter profit of $69.7 million.

The Milwaukee-based company said it had net income of 97 cents per share. Earnings, adjusted for non-recurring costs, were $1.05 per share.

The investment management firm posted revenue of $297 million in the period.

Artisan Partners shares have climbed 3.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $44.57, a rise of slightly more than 6% in the last 12 months.

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