Fortress Investment Group (FIG) Misses Q1 EPS by 6c
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Fortress Reports First Quarter 2015 Results and Announces Dividend of $0.08 per Share
May 7, 2015 7:01 AM EDTNEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its first quarter 2015 financial results.
FINANCIAL SUMMARY
Fortress declares a cash dividend of $0.08 per dividend paying share for the first quarter of 2015 Management Fee Paying Assets Under Management (AUM) of $69.9 billion as of March 31, 2015, an increase of 3% from the previous quarter and an increase of 12% from March 31, 2014 GAAP net income of $87 million, or $0.15 per diluted Class A share, for the first quarter of 2015, compared to GAAP net income of... More