Cowen Group, Inc. (COWN) Reports In-Line Q2 Loss of 5c; Adds $15M to Buyback

August 3, 2012 8:38 AM EDT
Get Alerts COWN Hot Sheet
Trade COWN Now!
Join SI Premium – FREE
Cowen Group, Inc. (NASDAQ: COWN) reported Q2 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $59.47 million versus the consensus estimate of $62.08 million.

Cowen today announced that its Board of Directors approved an increase to the Company's share repurchase program that authorizes the Cowen to purchase up to an additional $15 million of Cowen's Class A common shares from time to time.

For earnings history and earnings-related data on Cowen Group, Inc. (COWN) click here.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Stock Buybacks

Related Entities

Cowen & Co, Stock Buyback, Earnings

Add Your Comment