GAMCO Investors, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2019
Gamco Investors, Inc. (GBL)
Last gamco investors, inc. earnings: 2/5 04:07 pm
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US:NYSE Investor Relations:
gabelli.com/investor_relations.html
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Source: Business Wire
Fourth quarter net income was 5% higher at $24.4 million vs. $23.3 million a year agoFully diluted fourth quarter earnings were 12% higher at $0.91 per share versus $0.81 per share a year agoDecember 31, 2019 AUM was $36.5 billion, up 6% from $34.4 billion at December 31, 2018 RYE, N.Y.--(BUSINESS WIRE)--GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) today reported its operating results for the quarter ended December 31, 2019.Past and Future - Giving Back to SocietySince the inception of GAMCO’s shareholder designated charitable contribution (“SDCC”) program in 2013, shareholders have designated contributions of approximately $27 million to over 150 501(c)(3) initiatives. As a result of the board of director’s most recent SDCC approval, $4.5 million was designated by shareholders to 501(c)(3) organizations in November. This program underscores our commitment to managing socially responsible portfolios since 1987, which has evolved to include integrating ESG (environmental, social, and
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