GAMCO Investors, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022
February 08, 2023 at 10:23 am EST
Share
GAMCO Investors, Inc. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported revenue was USD 258.75 million compared to USD 301.13 million a year ago. Net income was USD 65.56 million compared to USD 73.2 million a year ago.
Basic earnings per share from continuing operations was USD 2.52 compared to USD 2.79 a year ago. Diluted earnings per share from continuing operations was USD 2.51 compared to USD 2.73 a year ago.
GAMCO Investors, Inc. is a provider of investment advisory services to open and closed-end funds semi-transparent exchange-traded funds (ETFs), and institutional and private wealth management. The Company manages assets on a fully discretionary basis and invests in a variety of United States and international securities through various investment styles, including value, growth, non-market correlated, and convertible securities. The Company conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, five actively managed semi-transparent ETFs, and a societe d'investissement a capital variable (SICAV)) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts, principally in the United States). It serves various client bases, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.
GAMCO INVESTORS, INC. 
