Oppenheimer Holdings (OPY) Swings to Q2 Profit

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Oppenheimer Holdings Inc. Reports Second Quarter 2015 Earnings and Announces Quarterly Dividend

July 31, 2015 8:00 AM EDT

NEW YORK, July 31, 2015 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported net income of $0.3 million or $0.02 basic earnings per share for the second quarter of 2015 compared with net loss of $1.6 million or $0.11 basic loss per share for the second quarter of 2014.  Income before income tax provision was $2.6 million for the second quarter of 2015 compared with income before income tax provision of $0.1 million for the second quarter of 2014.  Revenue for the second quarter of 2015 was $238.9 million compared with revenue of $249.7 million for the second quarter of 2014, a decrease of... More