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P10 Shares Rise After Q2 Beat, Additional $25 Million Share Buyback
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P10 Shares Rise After Q2 Beat, Additional $25 Million Share Buyback
Aug 7, 2025 6:58 AM

09:43 AM EDT, 08/07/2025 (MT Newswires) -- P10 (PX) shares were up 3% in early trading Thursday after the company reported Q2 results above analyst estimates and said its board approved an additional $25 million for its share repurchase program.

The company reported Q2 adjusted net income Thursday of $0.23 per diluted share, down from $0.24 a year earlier.

Two analysts polled by FactSet expected $0.20.

Total revenue for the quarter ended June 30 was $72.7 million, compared with $71.1 million a year earlier.

Two analysts surveyed by FactSet expected $71.5 million.

The company said its board approved an additional $25 million for its share buyback program, adding to the roughly $2.3 million available authorization at the end of Q2.

The board also declared a quarterly dividend of $0.0375 per share, payable on Sept. 19 to shareholders of record as of Aug. 29.

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