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GREENWICH, Conn. (AP) — GREENWICH, Conn. (AP) — Associated Capital Group Inc. (AC) on Wednesday reported fourth-quarter net income of $4.3 million.
On a per-share basis, the Greenwich, Connecticut-based company said it had net income of 20 cents.
The asset manager posted revenue of $5.2 million in the period.
For the year, the company reported profit of $44.3 million, or $2.08 per share. Revenue was reported as $13.2 million.
Associated Capital shares have increased 6.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.50, a climb of 11% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AC at https://www.zacks.com/ap/AC