WisdomTree, Inc. - WT STOCK NEWS

WisdomTree, a global financial innovator, reported a net loss of $28.3 million for Q4 2022, with diluted loss per share of ($0.20), significantly impacted by a $35.4 million non-cash loss linked to gold payments. Despite this, the company experienced its highest net inflows since 2015, totaling $5.3 billion. Assets under management (AUM) grew to $82.0 billion, a rise of 15.7%. Operating revenues remained stable at $73.3 million, while the gross margin slightly decreased to 76.9%. WisdomTree declared a quarterly dividend of $0.03, to be paid on March 1, 2023. Outlook remains optimistic with momentum continuing into 2023.

WisdomTree, Inc. (NYSE: WT) announced the launch of Say, a stockholder Q&A platform, ahead of its Q4 2022 earnings call scheduled for February 3, 2023. This initiative aims to enhance transparency and engagement, allowing verified stockholders to submit questions to management via Say Connect starting February 2, 2023. WisdomTree will address select inquiries during the earnings call webcast, promoting investor interaction. The company manages approximately $86.5 billion in assets globally, showcasing its position as a significant player in the financial services sector.

WisdomTree, Inc. (NYSE: WT) announced its plan to release fourth quarter results on February 3, 2023, at 7:00 a.m. ET. A conference call will follow at 11:00 a.m. ET to discuss the earnings. The company has approximately $85.9 billion in assets under management globally, indicating its significant presence in the financial sector. Investors can access earnings materials and the webcast through WisdomTree's investor relations website. This announcement underscores WisdomTree's ongoing commitment to transparency and investor engagement as it continues to innovate within the financial landscape.

WisdomTree, Inc. (NYSE: WT) reported strong financial metrics for 2022, with $12 billion in net inflows and record assets under management (AUM) near $82 billion. The company celebrated nine consecutive quarters of net inflows, including over $5 billion in Q4, its best since 2015. In 2022, U.S. Equity products alone generated $3.3 billion of net inflows, reflecting a 14% organic growth rate. Additionally, WisdomTree has launched new blockchain-enabled funds, enhancing its digital finance offerings.

Securrency has announced the appointment of Nadine Chakar as CEO effective January 9, 2023. Chakar, who has over 30 years of experience in financial services, aims to enhance the commercialization of Securrency's compliance-driven digital asset technology for institutions. Previously, she was Executive VP at State Street Digital. Her leadership is expected to accelerate growth in Securrency's blockchain-enabled financial services infrastructure. Dan Doney will shift to focus on technology and innovation as CTO, furthering the company's vision in decentralized finance.

WisdomTree's 2022 Year-End Update

WisdomTree (NYSE: WT) reported significant progress in its strategic initiatives, highlighting a robust financial performance with over $11 billion in net inflows and a 14% annualized growth rate. The firm successfully launched 20 new ETPs and is positioning itself as a leader in digital assets, with a pipeline for 2023 including WisdomTree Prime™. The company also made substantial board changes, enhancing governance. Despite a challenging market, WisdomTree aims to continue delivering long-term value for shareholders.

WisdomTree, Inc. (NYSE: WT) has launched the WisdomTree U.S. Quality Growth Fund (QGRW) on the New York Stock Exchange. Designed to track the WisdomTree U.S. Quality Growth Index, QGRW aims to offer investors exposure to high operating profitability and growth potential, with an expense ratio of 0.28%. The fund targets the top 100 U.S. companies based on composite quality and growth metrics from the largest 500 U.S. equities. Investment risks include potential underperformance of growth stocks compared to value stocks and market volatility.

WisdomTree has announced the effectiveness of nine new digital funds with the SEC ahead of the launch of its blockchain-native wallet, WisdomTree Prime™, targeting Q1 2023. The new funds include a diverse range of investments, such as the WisdomTree Short-Duration Income Digital Fund and the WisdomTree 500 Digital Fund. This move reflects WisdomTree's commitment to integrating traditional assets into the digital finance ecosystem. The firm, which oversees approximately $81.3 billion in assets, aims to enhance liquidity and transparency for investors through blockchain technology.