WisdomTree (WETF) Misses Q2 EPS by 1c

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Go back to WisdomTree (WETF) Misses Q2 EPS by 1c

WisdomTree Announces Second Quarter 2017 Results

July 28, 2017 7:01 AM EDT

$0.09 diluted EPS for the quarter, or $0.06 as adjusted

Declares $0.08 quarterly dividend

NEW YORK, July 28, 2017 (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 $12.1 million or $0.09 diluted EPS in the second quarter.  Excluding a pre-tax gain of $6.9 million (or $4.3 million after-tax) associated with our previously announced settlement with Tradeworx, Inc., adjusted net income (a non-GAAP measure1) was $7.8 million1 or $0.06 diluted EPS1.  This compares to net income of $3.7 million or $0.03 diluted EPS... More