STEP stock news · StepStone Group
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StepStone Group lost $71 million last quarter but saw a 61% jump in fee-related earnings and raised over $11 billion.
Good for STEPStepStone reported a $71 million loss tied to accounting for its private-wealth buy-in, but fee-related earnings rose 61% to $126 million. Results read positively.
StepStone Group shares what happened during their earnings call for the first quarter of 2027.
Good for STEPStepStone reported a $116 million loss, but income from fees rose 30%, adjusted income rose, and inflows reached $10 billion. Overall, the quarter favors the business.