Oppenheimer Holdings (OPY) Reports Q3 Loss of $0.07/Share

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

October 30, 2015 8:00 AM EDT

NEW YORK, Oct. 30, 2015 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported a net loss of $0.9 million or $0.07 basic loss per share for the third quarter of 2015 compared with net income of $4.5 million or $0.33 basic earnings per share for the third quarter of 2014.  Loss before income tax benefit was $1.5 million for the third quarter of 2015 compared with income before income tax provision of $10.9 million for the third quarter of 2014.  Revenue for the third quarter of 2015 was $213.5 million compared with revenue of $244.7 million for the third quarter of 2014, a decrease of... More