National Holdings Corporation Reports Financial Results for the 2019 Fiscal Fourth Quarter and 2019 Fiscal Year
NATIONAL HOLDINGS CORP (NHLD)
US:NASDAQ Investor Relations:
nhldcorp.com
Company Research
Source: GlobeNewswire
NEW YORK, Dec. 31, 2019 (GLOBE NEWSWIRE) -- National Holdings Corporation (NASDAQ: NHLD) (“National” or the “Company”), a leading full service independent brokerage, investment banking, trading and asset management firm providing diverse services including tax preparation, today announced its financial results for the 2019 fiscal year. Financial Highlights: Revenue of $57.4 million in Q4 2019, up $12.9 million, or 29%, from $44.5 million recognized in Q4 2018.Net Income attributable to common shareholders of $0.8 million in Q4 2019, up $2.8 million, from ($2.0) million in Q4 2018.Record revenue of $212.9 million in fiscal 2019, up $1.8 million, from $211.1 million recognized in fiscal 2018.Investment banking continued to produce record results, generating $69.7 million of revenue in fiscal 2019, versus a then record of $57.2 million in fiscal 2018.Investment advisory also contributed record results, with total revenue of $34.4 million in fiscal 2019 versus $21.5 millio
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