Fortress Investment Group (FIG) Tops Q2 EPS by 8c

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Go back to Fortress Investment Group (FIG) Tops Q2 EPS by 8c

Fortress Reports Second Quarter 2016 Results and Announces Dividend of $0.09 per Share

July 28, 2016 7:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its second quarter 2016 financial results.

FINANCIAL SUMMARY

Fortress declared a cash dividend of $0.09 per dividend paying share for the second quarter 2016 Management Fee Paying Assets Under Management (AUM) of $70.2 billion as of June 30, 2016, down slightly compared to the previous quarter and a decrease of 2% compared to June 30, 2015 GAAP net loss of $27 million, or a $0.07 loss per diluted Class A share, for the second quarter of 2016, compared... More