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Fifth Street Asset Management Inc. Announces Fourth Quarter and Full Year 2015 Results

March 17, 2016 8:37 AM EDT

GREENWICH, CT, March 17, 2016 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ: FSAM) ("FSAM" or "we") announces its financial results for the fourth quarter and year ended December 31, 2015.

Fourth Quarter and Full Year 2015 Financial Highlights

Pro Forma Adjusted Net Income for the quarter and year ended December 31, 2015 was $9.2 million, or $0.18 per share, and $36.3 million, or $0.73 per share, respectively.  Net income for the quarter and year ended December 31, 2015 was $4.7 million, or $0.09 per share, and $34.0 million, or $0.68 per share, respectively.  For the quarter ended December 31, 2015, Pro Forma Adjusted Net Income before adjustment for... More