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Article: FBR Capital Markets Announces Third Quarter 2007 Financial Results.
- Article from:
- PR Newswire
- Article date:
- October 24, 2007
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ARLINGTON, Va., Oct. 24 /PRNewswire-FirstCall/ -- FBR Capital Markets Corporation (FBR Capital Markets) today reported net after-tax third quarter 2007 earnings of $0.3 million compared to an after-tax loss of $22.6 million, or $0.37 per share (diluted), in the third quarter of 2006. Net revenues for the third quarter of 2007 were $106.2 million compared to net revenues of $42.0 million in the third quarter of 2006.
For the nine months ending September 30, 2007, FBR Capital Markets earned $33.0 million after tax, or $0.51 per share (diluted), compared to an after- tax loss of $16.8 million, or $0.33 per share (diluted), for the first nine months of 2006. Net ...