Diamond Hill Investment Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 04:06 pm EDT
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Diamond Hill Investment Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 39.02 million compared to USD 45.07 million a year ago. Net income was USD 4.41 million compared to USD 16.86 million a year ago. Basic earnings per share from continuing operations was USD 1.4 compared to USD 5.28 a year ago. Diluted earnings per share from continuing operations was USD 1.4 compared to USD 5.28 a year ago.
For the six months, revenue was USD 81.28 million compared to USD 84.08 million a year ago. Net income was USD 13.54 million compared to USD 30.57 million a year ago. Basic earnings per share from continuing operations was USD 4.27 compared to USD 9.62 a year ago. Diluted earnings per share from continuing operations was USD 4.27 compared to USD 9.62 a year ago.
Diamond Hill Investment Group, Inc. is an investment advisory and fund administration services provider. The Company operates through its wholly owned subsidiary, Diamond Hill Capital Management, Inc. (DHCM). DHCM is an investment adviser and administrator for the Diamond Hill Funds, a series of open-end mutual funds (the Funds). DHCM also provides investment advisory and related services to the Diamond Hill Micro Cap Fund, LP (DHMF), a private fund, as well as, separately managed accounts, collective investment trusts, other pooled vehicles, including sub-advised funds, and model delivery programs. The Company offers a variety of investment strategies designed for long-term strategic allocations from institutionally oriented investors. DHCM also provides strategy-specific model portfolios to sponsors of model delivery programs.
DIAMOND HILL INVESTMENT GROUP, INC. 
