NEW YORK (AP) _ Silvercrest Asset Management Group Inc. (SAMG) on Thursday reported second-quarter net income of $1.9 million.
On a per-share basis, the New York-based company said it had net income of 22 cents. Earnings, adjusted for non-recurring costs, came to 27 cents per share.
The investment company posted revenue of $23.9 million in the period.
Silvercrest shares have increased 9.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.49, a drop of 16% in the last 12 months.