Cowen Group (COWN) Tops Q3 EPS by 6c
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Cowen Group, Inc. Announces Third Quarter 2016 Financial Results
October 27, 2016 4:02 PM EDTNEW YORK--(BUSINESS WIRE)-- Cowen Group, Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the third quarter ended September 30, 2016.
Highlights
Third Quarter Financial Summary
GAAP revenue of $131.0 million compared to $113.3 million in the prior year period, a 16% increase. GAAP net loss attributable to common shareholders of $4.9 million or $(0.05) per diluted common share, compared to GAAP net loss attributable to common shareholders of $11.9 million or $(0.11) per diluted common share in the prior year... More