💨 Abstract

The Carlyle Group Inc. reported a first-quarter net income of $130 million, or 35 cents per share, exceeding Wall Street expectations. Adjusted earnings were $1.14 per share. Revenue reached $973.1 million, with adjusted revenue at $1.04 billion, both surpassing forecasts. Despite the positive earnings, Carlyle's shares have fallen 17% year-to-date, closing at $42.04

Courtesy: wtop.com

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