Silvercrest: Q4 Earnings Snapshot
By AP News
Published - Mar 07, 2024, 04:33 PM ET
Last Updated - Mar 07, 2024, 04:33 PM EST
NEW YORK (AP) — NEW YORK (AP) — Silvercrest Asset Management Group Inc. (SAMG) on Thursday reported a loss of $411,000 in its fourth quarter.
The New York-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The investment company posted revenue of $28.5 million in the period.
For the year, the company reported profit of $9.1 million, or 96 cents per share. Revenue was reported as $117.4 million.