06:42 AM EDT, 05/02/2025 (MT Newswires) -- Patria Investments ( PAX ) reported Q1 distributable earnings Friday of $0.23 per share, up from $0.21 a year earlier.

Three analysts polled by FactSet expected $0.25.

Revenue from services for the quarter ended March 31 was $79.6 million, up from $63.9 million a year earlier.

Three analysts polled by FactSet expected sales of $84.5 million.

Shares of the company were down nearly 2% in recent premarket activity.