Medley Management (MDLY) Misses Q2 EPS by 3c; Approves $35M Common Stock Buyback

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Go back to Medley Management (MDLY) Misses Q2 EPS by 3c; Approves $35M Common Stock Buyback

Medley Management Inc. Reports Second Quarter 2015 Results and Declares $0.20 Per Share Dividend

August 12, 2015 7:28 PM EDT

NEW YORK, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Medley Management Inc. (NYSE: MDLY) today reported its financial results for the three months ended June 30, 2015.

Highlights

Total assets under management were $4.0 billion Fee earning assets under management were $3.4 billion Core Net Income Per Share was $0.22 for Q2 2015 U.S. GAAP net income attributable to Medley Management Inc. was $0.14 per share for Q2 2015 Declared $0.20 per share dividend for Q2 2015 payable on September 4, 2015 Approved a $5 million share repurchase program

"We are pleased with our... More