Fifth Street Asset Management (FSAM) Reports Q2 Loss of $0.06/Share

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Fifth Street Asset Management Inc. Announces Second Quarter 2017 Results

August 21, 2017 5:30 PM EDT

GREENWICH, CT, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Fifth Street Asset Management Inc. (NASDAQ: FSAM) ("FSAM" or "we") today announced its financial results for the second quarter ended June 30, 2017.

Second Quarter 2017 Highlights

GAAP net loss attributable to FSAM for the quarter ended June 30, 2017 of $0.9 million, or $0.06 per share;Total revenues for the quarter ended June 30, 2017 of $15.9 million; andManagement fees represented 88.8% of total revenues for the quarter ended June 30, 2017.

Results of Operations

Total revenues for the quarter ended June 30, 2017 were $15.9 million, representing a $7.3 million,... More