Associated Capital: 1Q Earnings Snapshot
GREENWICH, Conn. (AP) _ Associated Capital Group Inc. (AC) on Wednesday reported a first-quarter loss of $73.4 million, after reporting a profit in the same period a year earlier.
The Greenwich, Connecticut-based company said it had a loss of $3.27 per share.
The asset manager posted revenue of $4.4 million in the period.
Associated Capital shares have fallen 8% since the beginning of the year. The stock has fallen roughly 9% in the last 12 months.