Associated Capital: Q2 Earnings Snapshot
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GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — Associated Capital Group Inc. (AC) on Wednesday reported second-quarter net income of $3.4 million, after reporting a loss in the same period a year earlier.
The Greenwich, Connecticut-based company said it had net income of 15 cents per share.
The asset manager posted revenue of $2.4 million in the period.
Associated Capital shares have declined 13% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.60, a decrease of 11% in the last 12 months.
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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
