DHS Group Holdings' Executive Vice Chairman Fernando Aguirre Reports on DHS' 2022 First Quarter Results

Revenue up 23 percent to new all-time record

DHS Group Holdings' Executive Vice Chairman Fernando Aguirre

DHS Group Holdings today announced financial results for its fiscal 2022 first quarter ended March 30, 2022. The firm posted an all-time revenue record of $123.9 billion, up 23 percent year over year, and quarterly earnings.

"This 2022 first quarter's record results were made possible by our most innovative lineup of services ever," said Rakesh Sarna, DHS Group Holdings' Chairman. "We are gratified to see the response from clients and investors around the world at a time when staying connected has never been more important. We are doing all we can to help build a better world — making progress toward our goal of becoming a leader in investments that change communities by 2025, and pushing forward with our work in transformative venture capital projects and racial equity and justice."

"The very strong client and investor response to our recent launch of new services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active investment platforms," said Fernando Aguirre, DHS Group Holdings' Executive Vice Chairman. "These record operating results allowed us to return nearly $27 billion to our investors during the quarter, as we maintain our target of reaching a net cash neutral position over time."

DHS Group Holdings Governing Board has approved a bonus to staff and platinum investors. The bonus is payable on May 10, 2022 to DHS staff.

DHS Group Holdings will provide live streaming of its Q1 2022 financial results conference call beginning at 2:00 p.m. ET on May 10, 2022. This webcast will also be available for replay for approximately two weeks thereafter.

Source: DHS