05:41 PM EDT, 05/08/2025 (MT Newswires) -- Victory Capital ( VCTR ) reported Q1 adjusted net income late Thursday of $1.36 per diluted share, up from $1.25 a year earlier.

Analysts surveyed by FactSet expected $1.35.

Revenue for the quarter ended March 31 was $219.6 million, up from $215.9 million a year earlier.

Analysts surveyed by FactSet expected $224.2 million.

The company raised its quarterly dividend to $0.49 per share, payable June 25 to shareholders of record on June 10.

Shares of Victory Capital ( VCTR ) were down nearly 3% in after-hours trading.