Cowen Group (COWN) Tops Q1 EPS by 6c
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Cowen Group, Inc. Announces First Quarter 2015 Financial Results
April 30, 2015 8:01 AM EDTNEW YORK--(BUSINESS WIRE)-- Cowen Group, Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the first quarter ended March 31, 2015.
2015 First Quarter Highlights(1)
Economic income was $23.6 million or $0.20 per diluted common share, compared to $10.0 million or $0.08 per diluted common share in the first quarter 2014. GAAP net income was $16.7 million or $0.14 per diluted common share compared to $9.8 million or $0.08 per diluted common share in the prior year period. First quarter 2015 revenue rose 46% year over year to $161.7 million from $110.6 million in the prior... More