Cowen Group (COWN) Tops Q2 EPS by 20c
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Cowen Announces Second Quarter 2018 Financial Results
July 26, 2018 8:09 AM EDTNEW YORK, July 26, 2018 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the second quarter ended June 30, 2018.
Second Quarter Financial Highlights
GAAP
Revenue rose 46% year over year to $234.6 million compared to $160.5 million in the prior year period.Net income attributable to common stockholders was $3.7 million or $0.12 per diluted common share compared to $5.7 million or $0.19 per diluted common share in the prior year period.Economic Income (Non-GAAP)
Revenue... More