Cowen Group (COWN) Tops Q4 EPS by 17c, Revenues Beat
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Cowen Announces Fourth Quarter and Full Year 2018 Financial Results
February 14, 2019 8:01 AM ESTAchieved Record Revenue in 2018
Continued Strength in Investment Banking and Brokerage
NEW YORK, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (Cowen or the Company) today announced its operating results for the fourth quarter and full year ended December 31, 2018.
GAAP
Full year 2018 revenue rose 47% to $966.9 million. Fourth quarter 2018 revenue was $259.9 millionNet income attributable to common stockholders was $36.0 million, or $1.17 per diluted common share for the full year 2018. Fourth quarter 2018 net income was $3.4 million or $0.11 per diluted common shareEconomic Income (Non-GAAP)
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