WASHINGTON (dpa-AFX) - Waddell & Reed Financial Investment (WDR) announced a profit for third quarter that declined from last year.
The company's bottom line totaled $33.05 million, or $0.46 per share. This compares with $46.31 million, or $0.58 per share, in last year's third quarter.
The company's revenue for the quarter fell 8.3% to $270.68 million from $295.12 million last year.
Waddell & Reed Financial Investment earnings at a glance:
-Earnings (Q3): $33.05 Mln. vs. $46.31 Mln. last year. -EPS (Q3): $0.46 vs. $0.58 last year. -Revenue (Q3): $270.68 Mln vs. $295.12 Mln last year.
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