gleacher & co.

Gleacher & Co. Post Q4 Loss On Special Charge, Fewer Transactions

Published on Fri, 02/11/2011 - 16:08
By Peter Chu in General Interest, GLCH, business, comtex, glch, gleacher & co., lost, market, news, share, stock, trade, update, value, Earnings Reports

It stated that it had a loss of $12.4 million, or $0.04 per share, in the three months ended Dec. 31, versus net income of $9.8 million, or $0.08 per share, in the year-ago period. Included in the quarter were $9.1 million in char

Total revenue was $74.2 million from $83.7 million in the previous year, a decline of 11%.

business, comtex, glch, gleacher & co., lost, market, news, share, stock, trade, update, value

Gleacher & Co. (GLCH) today reported that its fourth-quarter results suffered a loss due to fewer transactions, as well as a special charge.

By Peter Chu
pchu@fnno.com

Exclusive Interview: Analyst Brian Marshall, Gleacher & Co.

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Brian Marshall, Gleacher & Co. Joins us live via telephone to discuss Apple's earnings, Steve Job's departure, as well as his outlook on the stock.

By FNNO Staff
fnnonline@gmail.com

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