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

August 3, 2012 8:38 AM EDT Send to a Friend
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Price: $3.67 +1.38%

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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.

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