WisdomTree (WETF) Reports In-Line Q3 EPS

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Go back to WisdomTree (WETF) Reports In-Line Q3 EPS

WisdomTree Announces Third Quarter 2016 Results

October 28, 2016 7:00 AM EDT

$0.06 diluted EPS for the quarter

Declares $0.08 quarterly dividend

NEW YORK, Oct. 28, 2016 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager today reported net income of $8.0 million or $0.06 diluted EPS in the third quarter.  This compares to $23.3 million or $0.17 diluted EPS in the third quarter of last year and $3.7 million or $0.03 diluted EPS (as adjusted, $9.6 million or $0.07 diluted EPS (non-GAAP measures1)) in the second quarter of 2016.

WisdomTree CEO and President Jonathan Steinberg said, This... More