Ladenburg Thalmann (LTS) Misses Q4 EPS by 2c
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Ladenburg Thalmann Reports Fourth Quarter and Full Year 2015 Financial Results
March 16, 2016 8:01 AM EDTHighlights:
Revenues increased by 25% to record $1.2 billion in fiscal 2015 Fiscal 2015 EBITDA, as adjusted, of $43.6 million Client assets of approximately $125 billion at December 31, 2015, up 15% year-over-year Recurring revenue of 74% in independent brokerage and advisory services business Shareholders equity of $376 million at December 31, 2015MIAMI--(BUSINESS WIRE)-- Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS, LTS PrA) today announced financial results for the fourth quarter and full year ended December 31, 2015.
Dr. Phillip Frost, Chairman of Ladenburg, said, Ladenburgs... More
