Oppenheimer Holdings (OPY) Declares $0.11 Quarterly Dividend; 2.8% Yield
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Oppenheimer Holdings Inc. Reports First Quarter 2016 Earnings and Announces Quarterly Dividend
April 29, 2016 8:01 AM EDTNEW YORK, April 29, 2016 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported a net loss of $3.8 million or $0.29 basic loss per share for the first quarter of 2016 compared with net income of $5.7 million or $0.42 basic earnings per share for the first quarter of 2015. Loss before income tax benefit was $8.0 million for the first quarter of 2016 compared with income before income tax provision of $9.9 million for the first quarter of 2015. Revenue for the first quarter of 2016 was $218.7 million compared with revenue of $245.6 million for the first quarter of 2015, a decrease of... More
