JMP Group Inc. JMP reported financial results today for the quarter and full fiscal year ended December 31, 2010.
Total net revenues were $44.0 million for the quarter, compared to $46.1 million for the fourth quarter of 2009.
Net income attributable to JMP Group was $3.5 million, or $0.16 per diluted share, for the quarter, compared to $3.5 million, or $0.16 per diluted share, for the fourth quarter of 2009.
Operating net income was $8.5 million, or $0.38 per diluted share, for the quarter, an increase of 27.0% from $6.7 million, or $0.30 per diluted share, for the fourth quarter of 2009.
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