Cowen Announces Fourth Quarter and Full Year 2018 Financial Results
Cowen Inc. - Class A (COWN)
Last cowen inc. - class a earnings: 4/29 07:01 am
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US:NASDAQ Investor Relations:
investor.cowen.com/investor-overview
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Source: GlobeNewswire
Achieved Record Revenue in 2018 Continued Strength in Investment Banking and Brokerage NEW YORK, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today announced its operating results for the fourth quarter and full year ended December 31, 2018. GAAP Full year 2018 revenue rose 47% to $966.9 million. Fourth quarter 2018 revenue was $259.9 millionNet income attributable to common stockholders was $36.0 million, or $1.17 per diluted common share for the full year 2018. Fourth quarter 2018 net income was $3.4 million or $0.11 per diluted common share Economic Income (Non-GAAP) Full year 2018 revenue increased 37% to $909.5 million from $666.2 million. For the fourth quarter 2018, revenue was $207.4 millionEconomic income attributable to Cowen Inc. was $76.1 million for the full year 2018. For the fourth quarter 2018, economic income was $7.7 mi
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