PR Newswire
NEW YORK, April 27, 2018
NEW YORK, April 27, 2018 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported net income of $6.7 million or $0.51 basic net income per share for the first quarter of 2018 compared with a net loss of $4.8 million or $0.36 basic net loss per share for the first quarter of 2017. Income before income taxes from continuing operations was $9.6 million for the first quarter of 2018 compared with a loss before income taxes from continuing operations of $7.0 million for the first quarter of 2017. Revenue from continuing operations for the first quarter of 2018 was $234.5 million compared with revenue from continuing operations of $213.3 million for the first quarter of 2017, an increase of 10.0%.
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Summary Operating Results (Unaudited) | ||||||||||||
('000s, except Per Share Amounts) | ||||||||||||
| | For the 3-Months Ended | ||||||||||
| | 3/31/2018 | | 3/31/2017 | | % | ||||||
Revenue | | $ | 234,530 | | $ | 213,261 | | 10.0 | ||||
Expenses | | 224,905 | | 220,286 | | 2.1 | ||||||
Income (Loss) Before Income Taxes from Continuing Operations | | 9,625 | | (7,025) | | * | ||||||
Income Taxes | | 2,916 | | (1,687) | | * | ||||||
Net Income (Loss) from Continuing Operations | | 6,709 | | (5,338) | | * | ||||||
Net Income from Discontinued Operations | | — | | 587 | | (100.0) | ||||||
Net Income (Loss ) | | 6,709 | | (4,751) | | * | ||||||
Less Net Income Attributable to Non-Controlling Interest, Net of Tax | | 4 | | 96 | | (95.8) | ||||||
Net Income (Loss) Attributable to Oppenheimer Holdings Inc. | | $ | 6,705 | | $ | (4,847) | | * | ||||
| | | | | ||||||||
Basic Net Income (Loss) Per Share (1) | | | | | ||||||||
| Continuing Operations | | $ | 0.51 | | $ | (0.40) | | * | |||
| Discontinued Operations | | — | | 0.04 | | (100.0) | |||||
| Net Income (Loss) Per Share | | $ | 0.51 | | $ | (0.36) | | * | |||
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Diluted Net Income (Loss) Per Share (1) | | | | | ||||||||
| Continuing Operations | | $ | 0.48 | | $ | (0.40) | | * | |||
| Discontinued Operations | | — | | 0.04 | | (100.0) | |||||
| Net Income (Loss) Per Share | | $ | 0.48 | | $ | (0.36) | | * | |||
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Weighted Average Number of Common Shares Outstanding | | | | | ||||||||
| Basic | | 13,240 | | 13,399 | | (1.2) | |||||
| Diluted | | 13,977 | | 13,399 | | 4.3 | |||||
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| | As of | ||||||||||
| | | 3/31/2018 | | 12/31/2017 | | % | |||||
Book Value Per Share (1) | | $ | 40.04 | | $ Werbung Mehr Nachrichten zur Oppenheimer Holdings Aktie kostenlos abonnieren
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