JMP Group (JMP) Misses Q3 EPS by 3c

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JMP Group Reports Third Quarter 2015 Financial Results

October 23, 2015 6:45 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter and nine months ended September 30, 2015.

Operating net income was $1.3 million, or $0.06 per diluted share, a decrease of 63.5% from $3.4 million, or $0.15 per share, for the third quarter of 2014. For the nine months ended September 30, 2015, operating net income was $11.2 million, or $0.50 per... More