WisdomTree (WETF) Misses Q3 EPS by 1c

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Go back to WisdomTree (WETF) Misses Q3 EPS by 1c

WisdomTree Announces Third Quarter 2015 Results

October 30, 2015 7:01 AM EDT

Net Income Up 119.2% Year-Over-Year to $23.3 Million or Diluted EPS $0.17

Revenues Up 71.4% Year-Over-Year to $80.8 Million

U.S. Pre-Tax Margin of 52%; Consolidated Pre-Tax Margin of 49%

Declares $0.08 Quarterly Dividend and $0.25 Special Dividend

NEW YORK, Oct. 30, 2015 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager today reported net income of $23.3 million for the third quarter of 2015 or $0.17 per share on a fully diluted basis.  This compares to $10.6 million in the third quarter of 2014 and... More

WisdomTree to Enter Commodity ETF Space Through Acquisition of the GreenHaven Commodity Funds

October 30, 2015 6:00 AM EDT

NEW YORK, Oct. 30, 2015 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (Nasdaq: WETF), an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, today announced it entered into an agreement to acquire GreenHaven Commodity Services, LLC, the managing owner of the GreenHaven Continuous Commodity Index Fund (NYSE Arca: GCC), and GreenHaven Coal Services, LLC, the sponsor of the GreenHaven Coal Fund (NYSE Arca: TONS), from GreenHaven, LLC and GreenHaven Group, LLC, respectively.  The transaction is subject to approval by the GreenHaven Continuous Commodity... More