JMP Group (JMP) Misses Q1 EPS by 18c

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JMP Group Reports First Quarter 2017 Financial Results

April 26, 2017 4:15 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, reported financial results today for the quarter ended March 31, 2017.

The net loss attributable to JMP Group under generally accepted accounting principles, or GAAP, was $4.7 million, or $0.22 per diluted share, compared to net income of $1.8 million, or $0.08 per share, for the quarter ended March 31, 2016.... More