WisdomTree Investments Inc.'s (WSDT.PK,WETF) first-quarter 2012 net income rose to $1.1 million or $0.01 per share from $0.2 million or a breakeven per share in the year-ago period. Excluding non-operating expenses related to litigation, shareholder proxy and exchange listing fees, proforma net income was $1.9 million, up from last year's $0.5 million.
On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.01 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenues went up 31.9% to $19.2 million as compared with $14.53 million in the first quarter of 2011, chiefly due to higher AUM as a result of net inflows of $2.3 billion partly offset by a decrease in average pricing resulting from a change in product mix. Analysts estimated revenues of $19.34 million for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.