Piper Jaffray Companies (PJC) Tops Q1 EPS by 12c

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Go back to Piper Jaffray Companies (PJC) Tops Q1 EPS by 12c

Piper Jaffray Companies Announces 2015 First Quarter Results

April 23, 2015 8:01 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Piper Jaffray Companies (NYSE: PJC) today announced its financial results for the quarter ended March 31, 2015.

Financial Highlights

Adjusted net income(1) was $18.8 million, or $1.14 per diluted common share(1), in the first quarter of 2015, compared to $20.0 million, or $1.24 per diluted common share, in the first quarter of 2014, and $14.7 million, or $0.90 per diluted common share, in the fourth quarter of 2014. Adjusted net revenues(1) were $155.7 million in the first quarter of 2015, compared to $161.5 million and $148.4 million in the first and fourth quarters of 2014, respectively.... More