Teton Advisors, Inc. Provides Revenue Guidance for the Month and Year-to-Date Period Ended August 31, 2022
September 01, 2022 at 08:53 pm EDT
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Teton Advisors Inc. provided revenue guidance for the month and year-to-date period ended August 31, 2022. Revenues for the August 2022 monthly period are expected to be approximately $1.1 million as compared to $1.4 million for the comparative period in 2021 and as compared to $1.3 million for the July 2022 monthly period.
Revenues for the year-to-date period ended August 31, 2022 are expected to be approximately $9.5 million as compared to $11.0 million for the comparative period in 2021.
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).