Apollo Global Management

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded in 1990 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Apollo Global Management excels in Q1 earnings and strategic positioning

Apollo Global Management's Q1 performance reflects strong earnings and strategic positioning in various business segments. The company's focus on low purchase prices, recurring income streams, and growth investments bodes well for future success.

Apollo Global Management reports record earnings and eyes strategic growth

Apollo Global Management's Q2 2023 Earnings Call showcased strong financial performance, particularly in fee-related and spread-related earnings. The company's focus on private equity, private credit, and strategic growth opportunities positions it well for future success despite anticipated challenges.

Apollo Global Management reports record earnings and outlines growth strategies

Apollo Global Management's Q3 2023 earnings call highlighted record earnings, strong performance in key business segments, and strategic initiatives for future growth. The company remains focused on disciplined strategies, aligning incentives, and navigating market challenges to capitalize on growth opportunities. Investors should pay attention to their continued success in asset management and retirement services.

Apollo Global Management reports record earnings and strategic growth plans

Apollo Global Management's Q4 2023 earnings call highlighted strong financial performance, strategic focus on growth, and cautious approach to expansion. The company aims to double earnings by 2026, increase origination capabilities, and pivot towards hybrid investments. Challenges include managing return differentials, capital allocation, and maintaining quality in growth strategies.

Apollo Global Management reports robust Q1 results and eyes growth opportunities

Apollo Global Management's Q1 performance reflects strong financial results, record inflow, and capital formation, positioning the company for continued growth.
Despite challenges such as higher costs impacting SRE, Apollo's focus on managing costs, strategic investments, and growth opportunities bode well for the future.
The company's strengths in investment returns, risk management, and partnerships, coupled with opportunities in private markets and asset-backed finance, showcase a promising outlook.
Navigating challenges like tax rate increases and market uncertainties, Apollo remains focused on sustainable growth, delivering value to shareholders, and seizing opportunities ahead.

Apollo Global Management reports record earnings and growth opportunities

Apollo Global Management delivered strong financial results, driven by record inflows and robust performance across its franchises. While facing challenges such as lower net spread and growth expectations, the company remains well-positioned for growth. With opportunities in expanding markets and a clear growth strategy, Apollo shows resilience and potential for future success.

Apollo Global Management reports record earnings and outlines ambitious growth targets

Apollo Global Management's Q3 performance reflects strong financial results, ambitious growth targets, and strategic focus on key areas like retirement services and origination capacity. The company's strengths lie in robust fee-related earnings, disciplined cost management, and solid spread profitability. Challenges include maintaining growth momentum, optimizing capital allocation, and managing potential margin headwinds. Opportunities exist in various sectors like industrial renaissance, retirement solutions, and innovative private assets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded by Marc Rowan in 1990 and is headquartered in New York, NY.

NEW YORK, April 29, 2021 /PRNewswire/ -- 25madison, a leading venture studio and incubator, today announced that it has closed on its latest funding round. Apollo Global Management, Inc. (NYSE: APO), the global alternative investment manager, Endeavor and a number of prominent high net worth individuals and family offices are among investors backing the venture studio's focus on building early-stage companies.

25madison Announces Closing of Latest Funding Round

NEW YORK, April 28, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) announced today that it will host a conference call to review Apollo's financial results on Tuesday, May 04, 2021 at 8:30 a.m. EST as previously stated. The Company has amended the timing of releasing its first quarter 2021 results to Tuesday, May 04, 2021 at 7 a.m. EST.

Apollo Global Management to Announce First Quarter 2021 Financial Results

Hilton Grand Vacations

NEW YORK, April 28, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hilton Grand Vacations Inc. ("Hilton" or the "Company") (NYSE: HGV) in connection with the Company's proposed acquisition of Diamond Resorts International, Inc. ("Diamond") from funds managed by affiliates of Apollo Global Management, Inc. (the "Apollo Funds") (NYSE: APO).  Under the terms of the merger agreement, Hilton will issue 34.5 million shares of common stock valued at $1.4 billion to the Apollo Funds and the other Diamond stockholders.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Hilton Grand Vacations Inc.

OnSIP Awarded Organization of the Year in Telecommunications for third year in a row OnSIP Awarded Organization of the Year in Telecommunications for third year in a row

Intrado's OnSIP Wins 2021 Excellence in Customer Service Award from Business Intelligence Group

New Strategy Anchored by Apollo Insurance Clients New Strategy Anchored by Apollo Insurance Clients

Apollo Launches Credit Secondaries Platform with $1 Billion in Assets

Leon Black may have maneuvered to enhance his clout on the board of Apollo Global Management ahead of a surprise Jan. 25 announcement that he was stepping down as CEO amid controversy over his ties to Jeffrey Epstein, The Post has learned. In a series of moves that are only now being questioned by some.

Leon Black leaves mark on Apollo with new directors with ties to him

ISLANDIA, N.Y., April 22, 2021 (GLOBE NEWSWIRE) -- Intrado Corporation (“Intrado” or the “Company”), a global leader in technology-enabled services, today announced the launch of SD-WAN Thin Edge. Developed in conjunction with Infiot, a provider of intelligent access for remote-first applications, SD-Wan Thin Edge is designed to connect remote workers, fixed and mobile sites, and IoT devices over LTE cellular networks.

Intrado Cloud Collaboration Launches SD-WAN Thin Edge

TORONTO--(BUSINESS WIRE)--ABC Technologies Holdings Inc. (TSX: ABCT) (“ABC Technologies”, “ABC” or the “Company”) announced today that its majority shareholder, ABC Group Canada LP (“ABC LP”), an affiliate of funds managed by Cerberus Capital Management, L.P., (“Cerberus”) has entered into a share purchase agreement (the “Agreement”), with certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) to sell a majority stake in the Company to

Apollo Funds to Acquire Majority Control of ABC Technologies Holdings Inc.

NEW YORK, April 08, 2021 (GLOBE NEWSWIRE) -- Magic MergeCo, Inc. (the “Purchaser”), an entity controlled by funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), a leading global alternative investment manager, and The Michaels Companies, Inc. (“Michaels”) (Nasdaq: MIK) today announced an agreement to extend the offering period of the previously commenced cash tender offer by the Purchaser to purchase all of the issued and outstanding shares of common stock of Michaels to 5:00 P.M., New York City time, on April 14, 2021, unless further extended. The tender offer was previously scheduled to expire one minute after 11:59 P.M., New York City time, on April 12, 2021.

Apollo Announces Extension of the Tender Offer for Shares of The Michaels Companies

GREENWICH, Conn., March 29, 2021 /PRNewswire/ -- One River Digital Asset Management (together with its parent, One River Asset Management) announced that is welcoming Jay Clayton, Kevin Hassett, and Jon Orszag to the firm's Academic and Regulatory Advisory Council effective immediately.

One River Digital Asset Management welcomes Jay Clayton, Kevin Hassett and Jon Orszag to newly formed Academic and Regulatory Advisory Council

New Geographic Information System (GIS) mapping solution provides a flexible geospatial interface with authoritative location data and call handling integration to improve 911 incident response New Geographic Information System (GIS) mapping solution provides a flexible geospatial interface with authoritative location data and call handling integration to improve 911 incident response

Intrado Life & Safety Launches Spatial Command & Control for Map-based 911 Call Handling

Review showed that former Apollo chief paid Epstein $148m for his financial advising services and donated $10m to his charity

Leon Black unexpectedly quits Apollo investment firm after Epstein inquiry

Editor's note: This story was originally published on January 27, 2021 and has been updated to reflect Leon Black's early exit from Apollo. From 1:1 breakfast business meetings to family trips to the Caribbean, Jeffrey Epstein maintained a close personal relationship with billionaire Apollo Global Management CEO Leon Black for more than 20 years.

Leon Black is out as Apollo CEO and chair 2 months after an investigation into his relationship with Jeffrey Epstein. Here's what the Wall Street billionaire paid the disgraced financier $159 million for.

Billionaire private-equity tycoon Leon Black is stepping down as chairman of Apollo Global Management in addition to relinquishing the reins as CEO. Black, 69, had planned to keep the chairman's post when he announced his departure as Apollo's CEO in January amid scrutiny of his ties to pedophile financier Jeffrey Epstein.

Leon Black stepping down as Apollo chairman amid Jeffrey Epstein controversy

An independent probe cleared Black of any wrongdoing in connection with payments he made to convicted sex offender Jeffrey Epstein.

Leon Black Departs Private Equity Giant Apollo Months Earlier Than Expected

Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny over the billionaire's ties to Jeffrey Epstein.

Billionaire Leon Black is leaving Apollo following scrutiny over ties to Jeffrey Epstein

Leon Black, who had paid the late sexual predator Jeffrey Epstein millions of dollars for financial guidance, left Apollo earlier than planned.

Leon Black quits Apollo months earlier than expected following Jeffrey Epstein investment scandal

Apollo Global Management Inc. said Monday that co-Founder Marc Rowan has assumed the role of chief executive, replacing co-Founder Leon Black who is stepping down as part of the succession plan first announced in January. Black said he would surrender the role before his 70th birthday on July 31.

Apollo's Leon Black steps down as ex-SEC head Jay Clayton becomes non-exec chair

Apollo Global Management Inc on Monday appointed former U.S. Securities and Exchange Commission (SEC) chief Jay Clayton as non-executive chairman of its board and said Co-Founder Marc Rowan will formally assume the role of chief executive officer.

Apollo names ex-SEC chief Clayton as non-executive chairman

Jay Clayton Named Non-Executive Chair of Board; Richard Emerson and Dr. Kerry Healey Appointed Independent Directors Jay Clayton Named Non-Executive Chair of Board; Richard Emerson and Dr. Kerry Healey Appointed Independent Directors

Marc Rowan Assumes Role of CEO of Apollo

Michaels

Michaels' (MIK) merger with Apollo proceeds with the latter initiating a tender offer at $22 per share. The tender offer will expire on Apr 12, 2021.

Michaels' Merger on Track: Apollo Initiates Tender Offer

NEW YORK, March 16, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries “Apollo”) announced today that its affiliate, Magic MergeCo, Inc. (“Purchaser”), commenced the previously announced cash tender offer for all of the issued and outstanding shares of common stock of The Michaels Companies, Inc. (Nasdaq: MIK) (“Michaels”) at a price of $22.00 per share, net to the seller, in cash, without interest and less applicable withholding taxes. The tender offer is being made pursuant to the merger agreement (the “Merger Agreement”) executed on March 2, 2021 and announced by Apollo and Michaels on March 3, 2021, under which Purchaser will acquire Michaels in a transaction valued at approximately $5.0 billion. Purchaser and its parent company, Magic AcquireCo, Inc. (“Parent”), are wholly owned subsidiaries of Apollo.

Apollo Announces Commencement of the Tender Offer for All Outstanding Shares of The Michaels Companies

Apollo Global Management, Inc. (APO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Apollo Global Management, Inc. (APO) a New Buy Stock

Apollo Global Management, Inc. (APO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Apollo Global Management, Inc. (APO) Stock Jumps 5.1%: Will It Continue to Soar?

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Michaels Companies (NasdaqGS: MIK) to funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO). Under the terms of the proposed transaction, shareholders of Michaels will receive only $22.00 in cash for each share of Michaels that they own. KSF is seeking to determine whether this consider

THE MICHAELS COMPANIES INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of the Michaels Companies - MIK

News for Apollo Global Management Stock (APO)