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PIPR - Piper Sandler EPS beats by $0.78 beats on revenue
Piper Sandler Companies
Piper Sandler (NYSE:PIPR): Q3 Non-GAAP EPS of $4.55 beats by $0.78; GAAP EPS of $2.68 beats by $0.34. Revenue of $445.6M (+46.7% Y/Y) beats by $41.96M. Press Release Adjusted operating margin of 26.3% for the third quarter of 2021 decreased compared to 27.7% for the second quarter of 2021 driven by lower adjusted net revenues and the slight increase in non-compensation expenses.