** charts before earnings **
** charts after earnings **
WisdomTree beats by $0.01, beats on revs:
- Reports Q2 (Jun) earnings of $0.07 per share, $0.01 better than the Capital IQ Consensus of $0.06; revenues fell 31.4% year/year to $55.98 mln vs the $55.25 mln Capital IQ Consensus.
- "Our largest Japan and European based exposures experienced outflows as these markets remained broadly out of favor during the quarter, more than offsetting inflows in domestic equities. We remain focused on our long term strategic growth plans."
- U.S. listed ETF assets under management ("AUM") were $38.0 billion at June 30, 2016, down 26.3% from December 31, 2015 primarily due to $10.3 billion of net outflows and $3.5 billion of negative market movement. U.S. listed AUM was down 37.9% from June 30, 2015 primarily due to net outflows in 2016. Net outflows were primarily in our two largest funds, HEDJ and DXJ.
- European listed AUM was $952.0 million at June 30, 2016, up 23.0% from December 31, 2015 primarily due to $251.2 million of net inflows. European listed AUM was up 55.4% from June 30, 2015 primarily due to net inflows.
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