Cowen Group (COWN) Tops Q3 EPS by 1c, Revenues Miss
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Cowen Announces Third Quarter 2018 Financial Results
October 25, 2018 8:00 AM EDTStrong Performance in Investment Banking and Markets Divisions Drives Continued Profitability
NEW YORK, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the third quarter ended September 30, 2018.
Third Quarter Financial Highlights
GAAP
Revenue increased 24% year over year to $221.0 million compared to $178.8 million in the prior year period. Net income attributable to common stockholders was $13.8 million or $0.45 per diluted common share compared to $3.0 million or $0.09 per diluted common... More