NEW YORK (AP) — NEW YORK (AP) — Oppenheimer Holdings Inc. (OPY) on Friday reported net income of $11.1 million in its fourth quarter.
The company, based in New York, said it had earnings of 98 cents per share. Earnings, adjusted for non-recurring costs, were $1.42 per share.
The investment banking and broker-dealer services provider posted revenue of $308.3 million in the period. Its revenue net of interest expense was $308.3 million, exceeding Street forecasts.
For the year, the company reported profit of $30.2 million, or $2.59 per share. Revenue was reported as $1.25 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPY at https://www.zacks.com/ap/OPY