Virtus Investment Partners, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company's total revenues were $112,137,000 compared to $106,498,000 a year ago. Operating income was $36,665,000 compared to $33,892,000 a year ago. Income before income taxes was $33,449,000 compared to $41,303,000 a year ago. Total interest income, net was $3,062,000 compared to $981,000 a year ago. Net income attributable to common stockholders was $18,879,000 or $2.05 per diluted share compared to $24,756,000 or $2.65 per diluted share a year ago. Revenues, as adjusted was $85,199,000 compared to $79,974,000 a year ago. Operating income, as adjusted was $42,685,000 compared to $38,346,000 a year ago. Total sales were $3.4 billion in the fourth quarter, compared with $4.6 billion in fourth quarter of 2013 and $3.5 billion in the third quarter of 2014.

For the full year, the company's total revenues were $450,598,000 compared to $389,215,000 a year ago. Operating income was $130,720,000 compared to $113,504,000 a year ago. Income before income taxes was $136,314,000 compared to $121,908,000 a year ago. Total interest income, net was $8,437,000 compared to $2,465,000 a year ago. Net income attributable to common stockholders was $97,700,000 or $10.51 per diluted share compared to $75,190,000 or $8.92 per diluted share a year ago. Revenues, as adjusted was $337,170,000 compared to $291,416,000 a year ago. Operating income, as adjusted was $162,840,000 compared to $130,989,000 a year ago. Total sales were $15.2 billion compared with $21.3 billion in 2013.