
Apollo Global Management reported its second-quarter earnings on August 1, 2024, revealing flat adjusted net income that fell short of Wall Street's expectations. The results indicated that a significant increase in revenue from fees was unable to compensate for other financial pressures. This performance contrasts with the market's predictions, leading to concerns about the company's financial trajectory. Additionally, Ares Capital's earnings were impacted by restructuring efforts at Pluralsight, highlighting challenges in the investment landscape.
Apollo Global's flat quarterly earnings miss expectations https://t.co/dgnswHvGFB https://t.co/UARTxFpzHI
Apollo's flat second-quarter earnings miss expectations https://t.co/VX1R8MfFEJ https://t.co/GnLjHozAaX
🔵 APOLLO'S FLAT SECOND-QUARTER EARNINGS MISS EXPECTATIONS Full Story → https://t.co/fxR5rAwypT Apollo Global Management reported flat second-quarter adjusted net income on Thursday that missed Wall Street's expectations, as a spike in revenue generated from fees was offset…
