Cowen Group (COWN) Misses Q4 EPS, Revenue Beats

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Cowen Announces Financial Results for Full Year 2022

February 17, 2023 7:00 AM EST

Reports 4Q22 GAAP Net Income to common stockholders of $11.2 million, or $0.34 per diluted shareEconomic Operating Income of $9.6 million, or $0.29 per diluted share (Non-GAAP)

NEW YORK, Feb. 17, 2023 (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, 2022.

Announced Transaction

On August 2, 2022, TD Bank Group ("TD) and Cowen announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at approximately... More