GAMCO Reports Q4 EPS of $.99 vs. $.82

GAMCO Investors, Inc. GBL announced record fourth quarter 2010 earnings of $0.99 per fully diluted share versus $0.70 per fully diluted share in the fourth quarter 2009. Net income was $26.9 million in the fourth quarter of 2010 compared to $19.4 million in the fourth quarter of 2009. Assets Under Management were a record $32.5 billion as of December 31, 2010, 23.4% higher than December 31, 2009 AUM of $26.3 billion and 10.2% above the September 30, 2010 AUM of $29.5 billion.