NEW YORK (AP) — NEW YORK (AP) — Oppenheimer Holdings Inc. (OPY) on Friday reported a loss of $20.6 million in its first quarter.
The company, based in New York, said it had a loss of $1.93 per share. Earnings, adjusted for one-time gains and costs, came to $4.21 per share.
The investment banking and broker-dealer services provider posted revenue of $445.1 million in the period. Its revenue net of interest expense was $445.1 million, beating Street forecasts.
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