Oppenheimer Holdings (OPY) Reports Q2 Loss of $0.32/sh
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Oppenheimer Holdings Inc. Reports Second Quarter 2022 Earnings
July 29, 2022 8:00 AM EDTNEW YORK, July 29, 2022 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported a net loss of $3.9 million or $(0.32) basic earnings per share for the second quarter of 2022, compared with net income of $31.2 million or $2.46 basic earnings per share for the second quarter of 2021. Revenue for the second quarter of 2022 was $237.2 million, a decrease of 30.3%, compared to revenue of $340.3 million for the second quarter of 2021.
Albert G. Lowenthal, Chairman and CEO commented,... More
