WisdomTree (WETF) Tops Q1 EPS by 1c
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WisdomTree Announces First Quarter 2014 Results
May 2, 2014 7:00 AM UTCPre-Tax Income of $16.5 Million; Doubles From Year Ago Quarter
$0.12 Diluted Pretax EPS
Revenues Increase 46% From Year Ago Quarter
NEW YORK, May 2, 2014 (GLOBE NEWSWIRE) --WisdomTree Investments, Inc. (Nasdaq: WETF), an exchange-traded product ("ETP") sponsor and asset manager, today reported pre-tax income of $16.5 million or $0.12 per share on a fully diluted basis. This compares to $7.9 million in the first quarter of 2013 and $16.5 million in the fourth quarter of 2013. Included in the quarter were $1.3 million, or $0.01 per diluted EPS, of costs associated with our... More
WisdomTree MidCap Dividend Fund (DON) Surpasses $1 Billion in Assets
May 1, 2014 9:00 AM UTCNEW YORK, May 1, 2014 (GLOBE NEWSWIRE) -- WisdomTree (Nasdaq: WETF), an exchange-traded product ("ETP") sponsor and asset manager, today announced the WisdomTree MidCap Dividend Fund (DON) recently surpassed $1 billion in assets. DON is designed to track the WisdomTree MidCap Dividend Index (WTMDI), a fundamentally weighted index that measures the performance of the mid-capitalization segment of the U.S. dividend-paying market.
Luciano Siracusano, WisdomTree Chief Investment Strategist, commented, "There are a variety of dividend-focused funds and investment strategies, but we believe The WisdomTree MidCap Dividend Fund (DON) provides the broadest exposure to the mid-cap... More
