Pre-tax income of $20.1M or $0.15 per share vs. $12.2M one year ago.
Gross margin of 82.4% up 380 basis points from Q1, up 790 basis points from a year ago.
U.S.-listed ETF AUM of $35.5B up 22.5% Y/Y, primarily thanks to strong inflows. Q2 showed inflows of $300M even as money exited the previously powerhouse Japan Hedged Equity Fund.
Expenses of $24M fell 4.4% Y/Y, with fund management and administration expenses of 14.1% thanks to the transfer of accounting, administrative, and custody services to State Street.
Conference call at 9 ET
WETF flat premarket