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PRICE T ROWE GROUP INC [TROW] reports annual net loss of $1.8 billion

PRICE T ROWE GROUP INC [TROW] reports annual net loss of $1.8 billion

Company Reports Revenue of $6.5 billion

By USInMinutes
Published - Mar 07, 2024, 04:41 AM ET
Last Updated - Mar 07, 2024, 04:41 AM EST

PRICE T ROWE GROUP INC [TROW] has reported a net loss of $1.8 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 $6.5 billion

Based in BALTIMORE, Maryland, PRICE T ROWE GROUP INC operates in the FINANCE sector.

In the annual report for the fiscal year ended December 31, 2023, the financial performance of T. Rowe Price Group showed some interesting shifts compared to the previous years.

- Revenues:

- Net revenues for the current reporting period were $6,460.5 million, slightly lower compared to $6,488.4 million in the same period of 2022 and significantly down from $7,671.9 million in 2021.

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