Fifth Street Asset Management (FSAM) Reports Q4 EPS of $0.14

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Fifth Street Asset Management Inc. Announces Fourth Quarter and Full Year 2016 Results

March 21, 2017 7:01 AM EDT

GREENWICH, CT, March 21, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ: FSAM) ("FSAM" or "we") today announced its financial results for the fourth quarter and year ended December 31, 2016.

Fourth Quarter and Full Year 2016 Highlights

GAAP net loss attributable to FSAM for the quarter and year ended December 31, 2016 of $0.9 million, or $0.14 per share, and $1.5 million, or $0.25 per share, respectively;Adjusted Net Income after tax for the quarter and year ended December 31, 2016 of $7.1 million, or $0.14 per share, and $33.1 million, or $0.66 per share, respectively;Fee-earning Assets Under... More