Cowen Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 410.79 million compared to USD 412.24 million a year ago. Net income was USD 14.35 million compared to USD 37.8 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to USD 1.25 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to USD 1.1 a year ago.
For the nine months, revenue was USD 1,123.8 million compared to USD 1,618.52 million a year ago. Net income was USD 63.53 million compared to USD 230.63 million a year ago. Basic earnings per share from continuing operations was USD 2.08 compared to USD 8.14 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 6.78 a year ago.