RCS Capital (RCAP) Misses Q3 EPS by 3c

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Go back to RCS Capital (RCAP) Misses Q3 EPS by 3c

RCS Capital Corporation Announces Third Quarter 2015 Operating Results From Continuing Operations

November 16, 2015 8:34 PM EST

NEW YORK, Nov. 16, 2015 /PRNewswire/ -- RCS Capital Corporation ("RCS Capital" or the "Company") (NYSE: RCAP) announced today operating results for the three and nine months ended September 30, 2015. Operating highlights are provided below. All per share results are expressed on a fully diluted basis.

"This was a transitional quarter as we continued to strategically reposition the Company to focus on our independent retail advice business, Cetera Financial Group ("CFG"), and strengthen our balance sheet and financial position," said Mark Auerbach, Non-Executive Chairman RCS Capital. "While asset based revenues, including cash sweep and... More