2024-02-07 17:05:20 ET
Revenue growth has been positive over the past three years, with a 15% increase in net revenues in the most recent quarter. This growth is primarily driven by an increase in investment banking revenues. Operating expenses increased due to higher revenues and compensation costs, but non-compensation expenses decreased. The cost structure has changed significantly, with compensation costs driving most of the increase. Management has undertaken initiatives to drive growth and improve profitability. ... Full story available on KlickAnalytics.com