Name | Value |
---|---|
Revenues | 408.5M |
Cost of Revenue | 136.0M |
Gross Profit | 272.4M |
Operating Expense | 160.7M |
Operating I/L | 111.7M |
Other Income/Expense | 10.9M |
Interest Income | 0.0M |
Pretax | 122.6M |
Income Tax Expense | 32.3M |
Net Income/Loss | 83.8M |
Federated Hermes, Inc. is a publicly owned asset management holding company that provides investment services to a wide range of clients, including individuals, institutions, and organizations. The firm manages separate client-focused equity, fixed income, balanced, and money market mutual funds, as well as portfolios. It invests in global public equity and fixed income markets, focusing on growth and value stocks of small-cap, mid-cap, and large-cap companies. Additionally, the company makes fixed income investments in various securities. Federated Hermes, Inc. employs fundamental and quantitative analysis to make equity investments, generating revenue through management fees and investment returns.