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Associated Capital: 2Q Earnings Snapshot

August 7, 2019

RYE, N.Y. (AP) _ Associated Capital Group Inc. (AC) on Wednesday reported a second-quarter loss of $932,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Rye, New York-based company said it had a loss of 4 cents.

The asset manager posted revenue of $4.8 million in the period.

Associated Capital shares have increased nearly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.86, a rise of slightly more than 4% 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 AC at https://www.zacks.com/ap/AC

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