Calamos Asset Management (CLMS) Tops Q3 EPS by 10c

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Calamos Asset Management, Inc. Reports Third Quarter 2016 Results and Declares Dividend

October 27, 2016 4:05 PM EDT

NAPERVILLE, Ill., Oct. 27, 2016 /PRNewswire/ -- Calamos Asset Management, Inc. (NASDAQ: CLMS), representing the public shares outstanding, owns 22.2% of the operating company, Calamos Investments LLC, with the remaining 77.8% privately owned by Calamos Partners LLC (formerly owned by Calamos Family Partners, Inc.). Calamos Asset Management, Inc. (CAM) and Calamos Investments LLC together operate a diversified global investment firm offering U.S. growth equity, global equity, convertible, multi-asset and alternative strategies, and today reported consolidated results for third quarter 2016 and comparative periods.

Highlights

GAAP diluted earnings per share was $0.07 for... More