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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
04 April, 2025 15:33 IST
Fifth Street Asset Management swings to third-quarter loss on a YOY basis
Source: IRIS | 25 Nov, 2016, 01.24PM

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Revenue during the quarter dropped 11.90 percent to $22.46 million from $25.49 million in the previous year period. Total expenses were 77.08 percent of quarterly revenues, up from 58.35 percent for the same period last year. That has resulted in a contraction of 1874 basis points in operating margin to 22.92 percent.

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