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Blue Owl Capital Inc. Reports Net Income of $8.3 Million for the First Quarter of 2023

Blue Owl Capital Inc. Reports Net Income of $8.3 Million for the First Quarter of 2023

Blue Owl Capital Inc. Records Revenue of $390.99 Million in Q1 2023

By USInMinutes
Published - Aug 01, 2023, 01:40 PM ET
Last Updated - Aug 01, 2023, 01:40 PM EDT

Blue Owl Capital Inc.(OWL), a prominent financial firm, has released its Consolidated and Combined Statements of Financial Condition and Statements of Operations for the first quarter of 2023. The data reveals a net income of $8.3 million during the period, indicating a positive financial performance. Additionally, the company reported total revenue of $390.99 million for the same period, showcasing its strong business operations.

Blue Owl Capital Inc. Reports Net Income of $8.3 Million for the First Quarter of 2023

Blue Owl Capital Inc. announced a net income of $8.3 million for the first quarter of 2023. This signifies a significant improvement compared to the same period in the previous year when the company reported a net loss of $11.8 million. The positive net income reflects the company's efforts to enhance its financial position and strengthen its operations.

Blue Owl Capital Inc. Records Revenue of $390.99 Million in Q1 2023

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