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JMP: 4Q Earnings Snapshot

SAN FRANCISCO (AP) _ JMP Group Inc. (JMP) on Wednesday reported a loss of $203,000 in its fourth quarter.

The San Francisco-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, were 12 cents per share.

The nvestment banking and asset services company posted revenue of $31.7 million in the period. Its revenue net of interest expense was $31.7 million, surpassing Street forecasts.

For the year, the company reported that its loss narrowed to $2.2 million, or 10 cents per share. Revenue was reported as $136.4 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.35. A year ago, they were trading at $5.50.


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