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Stock impact report

Waddell & Reed Financial, Inc. Reports First Quarter Results

WADDELL & REED FNANCIAL (WDR) 
Last waddell & reed fnancial earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: waddell.com
Company Research Source: Business Wire
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Waddell & Reed Financial, Inc. (NYSE: WDR) today reported first quarter 2020 net income1 of $22.0 million, or $0.32 per diluted share, compared to net income of $15.9 million, or $0.23 per diluted share, during the prior quarter and net income of $32.1 million, or $0.42 per diluted share, during the first quarter of 2019.Philip J. Sanders, Chief Executive Officer of Waddell & Reed Financial, Inc. said, “The COVID-19 pandemic has required that we, and the world, navigate an extraordinarily complex and rapidly changing environment. In the midst of this, our Company has proactively implemented a comprehensive business continuity plan that allowed us to effectively respond to the crisis and ensure the safety of our employees, clients, independent advisors, and stakeholders in the communities where we live and work.”Mr. Sanders continued, “Our strong financial profile with significant liquidity will allow us to actively manage through this acute gl Show less Read more
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