FBR & Co. (FBRC) Reports Q2 Loss of $1.08/Share
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FBR & Co. Reports Second Quarter 2016 Financial Results
July 14, 2016 5:44 PM EDTDeclares $0.20 per Share Quarterly Cash Dividend
Financial Highlights for the three months ended June 30, 2016:
Net revenues of $20.9 millionNet loss of $8.2 million, or $1.08 per shareRepurchased 720 thousand shares of common stock, through a combination of open market purchases and netting of shares for tax withholding purposes on employee share vestings, at a total cost of $12.8 millionShareholders equity of $173 million and tangible book value per share of $22.89 on June 30, 2016ARLINGTON, Va., July 14, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (NASDAQ:... More
