Fifth Street Asset Management (FSAM) Misses Q1 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/2/2026
- Nasdaq hits record high after softer jobs data tempers rate-hike bets
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
Fifth Street Asset Management Inc. Announces First Quarter 2016 Results
May 16, 2016 5:28 PM EDTGREENWICH, CT, May 16, 2016 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ: FSAM) ("FSAM" or "we") today announced its financial results for the first quarter ended March 31, 2016.
First Quarter 2016 Highlights
Pro Forma Adjusted Net Income of $6.1 million, or $0.12 per share, versus Net Loss of $(11.1) million, or $(0.22) per share;Fee-earning Assets Under Management ("AUM") of $4.3 billion; andTotal revenues of $19.0 million, 89.7% of which were represented by management fees.Despite some volatility in the broader credit markets, we remain encouraged by and... More
