Apollo Global Management, Inc. (APO)

Apollo Global Management (APO) reported Q2 adjusted net income of $0.94 per diluted share, down from $1.14 per share a year ago.

Analysts surveyed by Capital IQ expected adjusted EPS of $1.02.

Total revenue for the quarter ended June 30 was $2.27 billion, up from $1.38 billion a year ago.

The company maintained its quarterly dividend at $0.40 per share, payable on Aug. 31 to shareholders of record on Aug. 18.

(Bloomberg) -- Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund.
The firm’s eighth flagship fund completed the sale to its ninth last month for $2.6 billion, after investing a total of $975 million in Brentwood, Tennessee-based LifePoint, according to a quarterly report obtained by Bloomberg. Other investors put up some of the money.
LifePoint was among several private equity-backed health-care firms that received government relief last year amid mounting costs from the pandemic, drawing criticism from lawmakers who said the cash should have come from investors, not taxpayers. The hospital chain was one of the biggest beneficiaries, with a $1.64 billion lifeline that included almost $650 million in grants and $991 million in loans.

Hello APO Leadership Team:
How about fixing the #AMC message board, which has been disabled for months now? Would be a great gesture for #AMC shareholders?

Also, buy shares of #AMC- help support a great American tradition of going out to the movies, remember your first date at the movies? Bullish #AMC