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Reddit: Those shares were equivalent to 61.5% of the share class, based on a calculation that includes factors such as the right to acquire more shares by exercising stock options and the conversion of Class B shares into Class A shares, according to the filing.
Ares Management (NYSE:ARES – Get Free Report) posted its quarterly earnings results on Thursday. The asset manager reported $0.80 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.13), Briefing.com reports. The company had revenue of $707.36 million for the quarter, compared to analyst estimates of $814.88 million. Ares Management had a return […]