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Cowen: Q4 Earnings Snapshot
By AP News - Feb 17, 2023, 07:15 AM ET
Last Updated - Jun 22, 2023, 09:03 PM EDT
NEW YORK (AP) — NEW YORK (AP) — Cowen Group Inc. (COWN) on Friday reported fourth-quarter profit of $12.9 million.
The New York-based company said it had earnings of 34 cents per share. Earnings, adjusted for non-recurring gains, came to 29 cents per share.
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The financial services company posted revenue of $413.9 million in the period. Its revenue net of interest expense was $371.7 million, which beat Street forecasts.
For the year, the company reported profit of $76.5 million, or $2.21 per share. Revenue was reported as $1.31 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a COWN">Zacks stock report on COWN at https://www.zacks.com/ap/COWN
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