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Silvercrest: 2Q Earnings Snapshot

August 1, 2018

NEW YORK (AP) _ Silvercrest Asset Management Group Inc. (SAMG) on Wednesday reported second-quarter earnings of $2.3 million.

On a per-share basis, the New York-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share.

The investment company posted revenue of $24.6 million in the period.

Silvercrest shares have climbed 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.35, an increase of 35 percent 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

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