Oppenheimer: Q4 Earnings Snapshot
By AP News
Published - Jan 26, 2024, 08:30 AM ET
Last Updated - Jan 26, 2024, 08:30 AM EST
NEW YORK (AP) — NEW YORK (AP) — Oppenheimer Holdings Inc. (OPY) on Friday reported net income of $11.1 million in its fourth quarter.
The company, based in New York, said it had earnings of 98 cents per share. Earnings, adjusted for non-recurring costs, were $1.42 per share.
The investment banking and broker-dealer services provider posted revenue of $308.3 million in the period. Its revenue net of interest expense was $308.3 million, exceeding Street forecasts.
For the year, the company reported profit of $30.2 million, or $2.59 per share. Revenue was reported as $1.25 billion.
