ARES Q1 2017 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q1 2017 Earnings

Financial Services Asset Management

Income Statement

Revenue

$244M+79.6% YoY

Gross Profit

$120M49.1% margin

Operating Income

-$250M-102.3% margin

Net Income

-$41M-16.8% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

-31.8%

Cash Flow

Operating Cash Flow

-$292M

Free Cash Flow

-$302M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$4.5B

Stockholders' Equity

$1.2B

Cash & Equivalents

$450M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$136M	+79.6%
Gross Profit	$120M	$25M	+373.3%
Operating Income	-$250M	$6M	-3956.9%
Net Income	-$41M	-$3M	-1231.2%

Revenue Segments

Credit Group

$138M57%

Private Equity Group

$72M30%

Real Estate Group

$30M12%