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Stock impact report

Siebert Reports Fourth Quarter and Full Year 2023 Financial Results

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: Business Wire
FY 2023 Revenue of $71.5 Million, Up 43% Year-over-YearFY 2023 Operating Income of $18.1 MillionSignificant Momentum in Retail Account Growth and Continued Execution of Growth Strategy NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2023.Full Year 2023 Financial HighlightsRevenue of $71.5 million compared to $50.1 million in 2022Operating income of $18.1 million compared to operating income of $0.4 million in 2022Net income of $7.8 million compared to net loss of $3.0 million in 2022Earnings per share of $0.21 compared to loss per share $0.06 in 2022Retail customer net worth of $15.9 billion, an improvement compared to $13.5 billion in 2022Total retail customer accounts of 153,727 compared to 122,394 in 2022Full Year 2023 Business HighlightsAnnounced the appointment of John J. Gebbia as CEO and Chairman of SiebertMoved Show less Read more
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