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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 136M | 11.1% |
| Gross Profit | 136M | 11.1% |
| Operating expense | 136M | 11.1% |
| Net Income | 127M | 12% |
| EBITDA | 136M | 54.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.1B | 0.6% |
| Total Liabilities | 720,000 | 29.3% |
| Total Equity | 2.1B | 0.6% |
| Shares Outstanding | 113M | 1% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 81M | 3.8% |
| Cash from financing | -81M | 3.8% |
EPS
Financial Highlights for AllianceBernstein in Q3 '24
AllianceBernstein reported a revenue of 136M, which is a 11.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 136M, marking a 11.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 136M, showing a 11.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 127M, showing a 12% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 136M, showing a -54.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for AllianceBernstein with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
