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Oppenheimer Posts 3Q Profit
Associated Press
NEW YORK (AP) _ Oppenheimer Holdings Inc. (OPY) on Friday reported net income of $7.8 million in its third quarter.
The New York-based company said it had earnings of 57 cents per share. Earnings, adjusted to account for discontinued operations, were 54 cents per share.
The investment banking and broker-dealer services provider posted revenue of $226.2 million in the period.
Oppenheimer shares have remained stable since the beginning of the year. The stock has risen 25 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPY at https://www.zacks.com/ap/OPY
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