Piper Jaffray Companies (PJC) Tops Q2 EPS by 35c

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Piper Jaffray Companies Announces 2016 Second Quarter Results

July 28, 2016 8:04 AM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- Piper Jaffray Companies (NYSE: PJC) today announced its financial results for the quarter ended June 30, 2016.

Execution on our growth strategies highlighted by strong performance in areas of targeted investment, particularly Public Finance and Fixed Income, delivered improved results on a more balanced business mix for the quarter, said Andrew S. Duff, Chairman and CEO of Piper Jaffray. A detailed review of our cost base, which has expanded due to growth investments, is underway in order to drive higher returns for our shareholders.

Financial Highlights

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