Franklin Resources, Inc. Reports Net Income of $248 Million for Q2 2023
Q2 2023 Revenue for Franklin Resources, Inc. Stands at $1.97 Billion
By USInMinutes
Published - Jul 28, 2023, 02:05 PM ET
Last Updated - Jul 28, 2023, 02:05 PM EDT
Franklin Resources, Inc.(BEN), a global investment managemen t company, has released its financial statements for the second quarter of 2023. The company reported a net income of $248 million for the quarter, reflecting its performance in the dynamic financial landscape. Additionally, the company generated total operating revenues of $1.97 billion during the three-month period.
Net Income of $248 Million for Q2 2023
Franklin Resources, Inc. (FRI) has reported a net income of $248 million for the second quarter of 2023. Despite the challenging market conditions, the company managed to maintain a solid financial position and deliver respectable earnings during the period.