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Silvercrest: 3Q Earnings Snapshot

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.


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