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Article: Boston Private Reports Financial Results for the Fourth Quarter and Year End 2007.(Financial report)
- Article from:
- Business Wire
- Article date:
- January 24, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Revenue Growth of 17% for the Year
Incremental Non-Cash Impairment Charge Taken at Dalton Greiner
BOSTON -- Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (the "Company") today reported fourth quarter 2007 non-GAAP cash earnings per diluted share (defined later in this press release) of $0.52, a 4% increase over $0.50 per diluted share in the fourth quarter 2006. For the year, non-GAAP cash earnings were $1.96 per diluted share, an increase of 8% compared to $1.82 per diluted share for the year ended 2006.
GAAP net loss was ($0.55) per share for the fourth quarter of 2007, compared to GAAP earnings of $0.40 per diluted share for the ...