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BlackRock Inc. [BLK] reports annual net loss of $5.7 billion
Company Reports Revenue of $17.9 billion
By USInMinutes
Published - Mar 07, 2024, 04:27 AM ET
Last Updated - Mar 07, 2024, 04:27 AM EST
BlackRock Inc. [BLK] has reported a net loss of $5.7 billion for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $17.9 billion
Based in NEW YORK, New York, BlackRock Inc. operates in the FINANCE sector.
In the fiscal year ending December 31, 2023, BlackRock, Inc. reported total revenue of $17.86 billion, slightly down from the previous year's revenue of $17.87 billion and significantly lower than the revenue of $19.37 billion in 2021.
The company's operating income for the same period was $6.28 billion, a slight decrease from the $6.39 billion reported in 2022 and a significant drop from the $7.45 billion in 2021.
