04:57 PM EST, 02/06/2025 (MT Newswires) -- StepStone Group ( STEP ) reported fiscal Q3 adjusted net income late Thursday of $0.44 per share, up from $0.37 a year earlier.

Analysts polled by FactSet expected $0.45.

Adjusted revenue for the quarter ended Dec. 31 was $243.9 million, up from $185.1 a year earlier.

Analysts surveyed by FactSet expected $226 million.

The company maintained its quarterly cash dividend at $0.24 per share, payable on March 14 to holders of record on Feb. 28.

Shares were down nearly 5% in after-hours activity.