NEW YORK (AP) _ Silvercrest Asset Management Group Inc. (SAMG) on Thursday reported third-quarter earnings of $2.7 million.
On a per-share basis, the New York-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs, were 38 cents per share.
The investment company posted revenue of $27.8 million in the period.
Silvercrest shares have decreased 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.02, a fall of 16% in the last 12 months.