Hinge Health, a software-based musculoskeletal injury treatment company, reported Q3 revenue between $141-143mln, beating analyst expectations of $129mln. Full-year revenue is expected to be $548-552mln, surpassing the $511mln forecast. The stock opened at $39.25 and closed at $48.22 on Tuesday, a 10% increase. Hinge Health aims to revolutionize care delivery with its innovative approach.
Franklin Resources (NYSE: BEN), a global investment management firm, reported its Q3 FY2025 financial results on August 1, 2025, showcasing a mixed performance with some notable highlights and areas of concern. The company's earnings per share (Non-GAAP) of $0.49 exceeded analyst estimates by $0.01, while revenue (GAAP) of $2.06 billion surpassed expectations by 30.4%. However, both revenue and profit metrics declined year-over-year, with operating income (GAAP) down 31% and operating margin (GAAP) at 7.5% compared to 10.5% a year ago [1].
Assets under management (AUM) stood at $1.61 trillion as of June 30, 2025, down 2.1% from the prior year, but increased sequentially due to market appreciation. Long-term net outflows totaled $9.3 billion, an improvement from the previous quarter's $26.2 billion outflow. Alternative assets saw net inflows of $2.5 billion, while the cash management segment also posted positive flows. The company's international business performed well, with AUM sourced from outside the United States reaching nearly $500 billion [1].
Franklin Resources announced an agreement to acquire a majority interest in Apera Asset Management, a pan-European private credit firm with approximately $5.7 billion in AUM. The firm continued to invest in new product capabilities, including direct-lending and private-equity vehicles. ETF assets climbed to a new record of $44.1 billion, buoyed by $4.3 billion of positive flows. The company aims to cut $200–$250 million in costs entering fiscal 2026 and expects FY2025 expenses to be consistent with the previous year, excluding performance compensation tied to the Putnam acquisition [1].
Looking ahead, Franklin Resources will focus on diversifying its product lineup, including ongoing investment in ETFs, digital asset vehicles, and custom indexing. Investors should monitor progress in margin improvement and fee mix as the company adapts to shifts across the investment landscape.
References:
[1] https://www.nasdaq.com/articles/franklin-resources-q3-revenue-beats
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