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0.00515463917525781 0.00515463917525781 0.00515463917525781 1.83129571072191E-16 1.83129571072191E-16 1.83129571072191E-16 1.83129571072191E-16 1.83129571072191E-16
Stock impact report

Siebert Financial Corp. Reports Financial Results for Third Quarter of 2019

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: Business Wire
Achieved highest quarterly revenue, operating income, and net income of 2019Net income increased 11% from the second quarter of 2019, with revenue and operating income increasing marginallyEntered into a binding agreement to purchase Weeden Prime, a leading prime brokerage services provider, and anticipate the acquisition closing by the end of 2019 NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ:SIEB) (“Siebert”), a provider of financial services, today announced results for the third quarter of 2019, reporting net income of $1.1 million, basic and diluted earnings per share ("EPS") of $0.04, and revenue of $7.1 million.“We are very pleased to achieve our best financial quarter of 2019 on the heels of exciting new developments for our company. A major development this quarter was signing a binding agreement to acquire Weeden Prime Services, LLC (“Weeden Prime”). This acquisition will significantly increase and diversify our revenue, as well as bring a very experienced an Show less Read more
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