U.S. markets open in 7 hours 3 minutes

Associated Capital: 1Q Earnings Snapshot

RYE, N.Y. (AP) _ Associated Capital Group Inc. (AC) on Tuesday reported first-quarter net income of $23.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Rye, New York-based company said it had net income of $1.02.

The asset manager posted revenue of $4.7 million in the period.

Associated Capital shares have climbed 15% since the beginning of the year. The stock has climbed 8% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AC at https://www.zacks.com/ap/AC