Focus Financial Partners Inc. (FOCS) Misses Q1 EPS by 2c

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Focus Financial Partners Reports First Quarter 2019 Results

May 9, 2019 7:02 AM EDT

Year-Over-Year Revenue Growth of 32.5%, Supported by Record M&A Activity

NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- Focus Financial Partners Inc. (Nasdaq: FOCS) (Focus Inc., Focus, the Company, we, us or our), a leading partnership of independent, fiduciary wealth management firms, today reported results for its first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Total revenues of $259.9 million, reflecting year-over-year growth of 32.5%GAAP net loss of $2.8 millionGAAP basic and diluted net loss per share of $0.06Adjusted Net Income(1) of $35.7 million,... More