Teton Advisors, Inc Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 08:30 pm IST
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Teton Advisors Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was USD 5.053 million compared to USD 7.384 million a year ago. Net income was USD 756,563 compared to USD 1.231 million a year ago. Basic earnings per share was USD 0.6 compared to USD 0.72 a year ago. Diluted earnings per share was USD 0.6 compared to USD 0.71 a year ago. For the nine months, net income was USD 2.426 million compared to USD 4.049 million a year ago. Basic earnings per share was USD 1.92 compared to USD 2.62 a year ago. Diluted earnings per share was USD 1.92 compared to USD 2.52 a year ago.
Teton Advisors, Inc. is an investment management company. The Company is engaged in investing and serving a diverse client base of institutional, high net worth and mutual fund investors under brands including TETON, TETON Westwood, Gabelli and Keeley. The Company operates through its investment advisory and asset management business segment. The Company serves as an investment advisor and the investment manager for the TETON Westwood Funds (Funds), over five funds with assets under management (AUM). The Funds include TETON Westwood Mighty Mites Fund, TETON Westwood SmallCap Equity Fund, TETON Westwood Equity Fund, TETON Westwood Balanced Fund and TETON Convertible Securities Fund. The Company, through its subsidiaries, provides investment advisory services to open-end funds and separate client accounts. The Company conducts investment advisory business principally through two subsidiaries: Keeley-Teton Advisors, LLC (Keeley-Teton, LLC) and Teton Advisors, LLC (Teton, LLC).
TETON ADVISORS, LLC 
