Gamco earnings drop
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- October
- 20
Gamco Investors Inc. announced preliminary earnings of 40 cents to 43 cents per share during the quarter ended Sept. 30, less than the earnings of 64 cents a year earlier.
The Rye-based investment company, founded by by famed money manager Mario Gabelli, said that assets under management were $25.6 billion on Sept. 30, down 9.7 percent from June 30, and down 19.1 percent from a year earlier.
Gamco added that it will release additional details when it announces its regular financial results in early November.
This entry was posted
on Monday, October 20th, 2008 at 5:19 pm by Jay Loomis.
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Category: Earnings season
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