Oaktree Capital Group, LLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 13, 2022 at 03:01 am IST
Oaktree Capital Group, LLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 116.58 million compared to USD 150.42 million a year ago. Net loss was USD 14.53 million compared to net income of USD 108.91 million a year ago. Basic loss per share from continuing operations was USD 0.21 compared to basic earnings per share from continuing operations of USD 1.03 a year ago.
For the six months, revenue was USD 179.61 million compared to USD 758.17 million a year ago. Net income was USD 3.16 million compared to USD 394.46 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to basic earnings per share from continuing operations of USD 3.85 a year ago.