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Gamco Investors posts 1Q profit

RYE, N.Y. (AP) _ Gamco Investors Inc. (GBL) on Wednesday reported first-quarter earnings of $24.8 million.

The Rye, New York-based company said it had net income of 82 cents per share. Earnings, adjusted for non-recurring gains, were 66 cents per share.

The investment manager posted revenue of $85.9 million in the period.

Gamco Investors shares have decreased slightly more than 7 percent since the beginning of the year.


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


Keywords: Gamco Investors, Earnings Report