The asset manager reported non-GAAP earnings of $0.10 per share and $30.78M in revenue for the second quarter.
Silvercrest Asset Management reported second-quarter non-GAAP earnings per share of $0.10, matching revenue of $30.78 million. The firm’s GAAP consolidated net income reached $0.5 million, while net income attributable to Silvercrest was $0.2 million.
The results reflect the company’s financial performance for the three-month period ending June 30. Prior quarter or year-ago figures were not provided in the release. The report highlights earnings stability amid market conditions.
No immediate market reaction was disclosed in the release.