Silvercrest: 2Q Earnings Snapshot
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.