WisdomTree (WETF) Tops Q2 EPS by 4c

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Go back to WisdomTree (WETF) Tops Q2 EPS by 4c

WisdomTree Announces Second Quarter 2016 Results

July 29, 2016 7:00 AM EDT

$0.03 diluted EPS for the quarter, or $0.07 as adjusted

Declares $0.08 quarterly dividend

NEW YORK, July 29, 2016 (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 $3.7 million or $0.03 diluted EPS in the second quarter.  Excluding the previously announced charge of $6.0 million related to the Companys accelerated buyout of minority shareholders in its European business, adjusted net income (a non-GAAP measure1) was $9.6 million or $0.07 diluted EPS.  This compares to $24.2 million or $0.18... More