Focus Financial Partners Inc. (FOCS) Tops Q2 EPS by 10c, Revenues Beat

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Focus Financial Partners Reports Second Quarter 2020 Results

August 6, 2020 7:01 AM EDT

Performance Exceeds Expectations Demonstrating Resiliency of Business Model

NEW YORK, NY / ACCESSWIRE / August 6, 2020 / 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 second quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Total revenues of $313.1 million, 3.8% growth year over yearOrganic revenue growth(1) rate essentially flat year over yearGAAP net income of $3.3 million, 7.3% growth year over yearGAAP basic and diluted net income per share attributable to common shareholders of $0.05 and... More