Cowen Group (COWN) Posts Q4 Loss of $0.48/Share
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Cowen Group, Inc. Announces Fourth Quarter and Full Year 2016 Financial Results
February 16, 2017 8:00 AM ESTNEW YORK--(BUSINESS WIRE)-- Cowen Group, Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the fourth quarter and full year ended December 31, 2016.
Highlights
Full Year Financial Summary
GAAP revenue of $471.6 million compared to $464.6 million in the prior year. GAAP net loss attributable to common shareholders of $26.1 million or $(0.97) per diluted common share, compared to GAAP net income attributable to common shareholders of $39.7 million or $1.37 per diluted common share in the prior year.... More