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Dec 31, 2024
Oppenheimer Q4 2024 Earnings Report
Oppenheimer Holdings Inc. reported increased revenue and a slight decrease in net income compared to the same quarter last year, with full-year results showing significant growth driven by record revenue.
Key Takeaways
Oppenheimer Holdings Inc. reported Q4 2024 net income of $10.7 million, or $1.04 per share, compared to $11.1 million, or $1.07 per share, in Q4 2023. Revenue increased by 21.8% to $375.4 million from $308.3 million in the same period last year. Full-year revenue reached a record $1.4 billion, driving net income to $71.6 million, or $6.91 per share, significantly up from the previous year.
Q4 revenue increased by 21.8% year-over-year, reaching $375.4 million.
Net income for Q4 decreased slightly to $10.7 million, or $1.04 per share, compared to $11.1 million, or $1.07 per share, in the prior year.
Full-year revenue hit a record $1.4 billion, a 14.7% increase from the previous year.
Full-year net income increased significantly to $71.6 million, or $6.91 per share, compared to $30.2 million, or $2.81 per share, in the prior year.
Revenue by Segment
Historical Earnings Impact
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