StepStone Group Inc. Reports 19% Decline in Fee Revenues and Records $0.49 GAAP Net Loss Per Share for Quarter

Reuters
08/08
<a href="https://laohu8.com/S/STEP">StepStone Group Inc.</a> Reports 19% Decline in Fee Revenues and Records $0.49 GAAP Net Loss Per Share for Quarter

StepStone Group Inc. has reported its financial results for the recent quarter, highlighting a net income of $48.045 million, compared to a net loss of $12.011 million in the previous period. The net income attributable to StepStone Group Inc. was recorded at $13.328 million, an improvement from a net loss of $38.424 million in the prior period. Earnings per share of Class A common stock stood at $0.20, reflecting a positive shift from a loss of $0.49 per share previously. The company reported fee revenues of $178.514 million, down from $212.740 million, showing a 19% decrease. Fee-related earnings were $71.656 million, compared to $81.246 million, indicating a 13% decline. Realized carried interest allocations saw a significant increase to $41.804 million from $24.404 million, marking a 42% rise. These results indicate a considerable improvement in the company's financial performance, particularly in net income and earnings per share, despite a decrease in fee revenues. No specific guidance or outlook for the future was provided in the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. StepStone Group Inc. published the original content used to generate this news brief on August 07, 2025, and is solely responsible for the information contained therein.

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