Victory Capital (VCTR) reported Q1 adjusted net income late Thursday of $1.36 per diluted share, up from $1.25 a year earlier.
Analysts surveyed by FactSet expected $1.35.
Revenue for the quarter ended March 31 was $219.6 million, up from $215.9 million a year earlier.
Analysts surveyed by FactSet expected $224.2 million.
The company raised its quarterly dividend to $0.49 per share, payable June 25 to shareholders of record on June 10.
Shares of Victory Capital were down nearly 3% in after-hours trading.
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