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

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 StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
• California Water Service (CWT) Tops Q1 EPS by 111c
• First Resource Bank (FRSB) Tops Q1 EPS by 43c