Associated Capital: Q2 Earnings Snapshot
GREENWICH, Conn. (AP) _ Associated Capital Group Inc. (AC) on Wednesday reported a second-quarter loss of $29.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Greenwich, Connecticut-based company said it had a loss of $1.36.
The asset manager posted revenue of $2.5 million in the period.
Associated Capital shares have decreased 3% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $41.70, a climb of nearly 9% in the last 12 months.