ARES Q2 2018 Earnings — Ares Management Corporation Revenue & Financial Results | Market Cap Arena

ARESAres Management Corporation

$34B

Q2 2018 Earnings

Financial Services Asset Management

Income Statement

Revenue

$204M-64.3% YoY

Gross Profit

$65M31.9% margin

Operating Income

-$17M-8.3% margin

Net Income

-$12M-5.8% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-23.3%

Cash Flow

Operating Cash Flow

-$1.4B

Free Cash Flow

-$1.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$8.6B

Stockholders' Equity

$1.5B

Cash & Equivalents

$962M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$204M	$572M	-64.3%
Gross Profit	$65M	$441M	-85.2%
Operating Income	-$17M	$86M	-119.7%
Net Income	-$12M	$50M	-123.6%

Revenue Segments

Service, Other

$7M100%