Oppenheimer Holdings (OPY) Swings to Q4 Loss

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Go back to Oppenheimer Holdings (OPY) Swings to Q4 Loss

Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2015 Earnings and Announces Quarterly Dividend

January 29, 2016 8:01 AM EST

NEW YORK, Jan. 29, 2016 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported a net loss of $3.1 million or $0.23 basic loss per share for the fourth quarter of 2015 compared with net income of $2.7 million or $0.20 basic earnings per share for the fourth quarter of 2014.  Loss before income tax benefit was $4.2 million for the fourth quarter of 2015 compared with income before income tax provision of $9.6 million for the fourth quarter of 2014.  Revenue for the fourth quarter of 2015 was $230.4 million compared with revenue of $254.9 million for the fourth quarter of 2014, a decrease of... More