Teton Advisors, LLC Reports Earnings Results for the Full Year Ended December 31, 2021
April 02, 2022 at 09:07 am EDT
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Teton Advisors, LLC reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was USD 16.44 million compared to USD 13.81 million a year ago. Net income was USD 2.34 million compared to net loss of USD 3.55 million a year ago.
Basic earnings per share from continuing operations was USD 1.86 compared to basic loss per share from continuing operations of USD 2.82 a year ago. Diluted earnings per share from continuing operations was USD 1.85 compared to diluted loss per share from continuing operations of USD 2.82 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).