WisdomTree (WETF) Misses Q4 EPS by 3c

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WisdomTree Announces Fourth Quarter 2016 Results

February 3, 2017 7:00 AM UTC

$0.02 diluted EPS for the quarter, or $0.03 as adjusted

Declares $0.08 quarterly dividend

NEW YORK, Feb. 03, 2017 (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 $2.5 million or $0.02 diluted EPS in the fourth quarter.  Excluding a goodwill impairment charge of $1.7 million, adjusted net income (a non-GAAP measure1) was $4.2 million1 or $0.03 per share1.  This compares to net income of $20.5 million or $0.15 diluted EPS in the fourth quarter of last year and net income of $8.0 million... More