Teton Advisors, LLC Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
April 02, 2024 at 10:20 pm IST
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Teton Advisors, LLC reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 2.85 million compared to USD 3.19 million a year ago. Net income was USD 0.299895 million compared to USD 0.425562 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.27 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.27 a year ago.
For the full year, revenue was USD 12.04 million compared to USD 13.78 million a year ago. Net income was USD 1.21 million compared to USD 1.6 million a year ago. Basic earnings per share from continuing operations was USD 0.75 compared to USD 1.18 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to USD 1.18 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 