Teton Advisors, LLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:11 pm EDT
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Teton Advisors, LLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 3.47 million compared to USD 4.27 million a year ago. Net income was USD 0.250525 million compared to USD 0.612607 million a year ago.
For the six months, revenue was USD 7.29 million compared to USD 8.15 million a year ago. Net income was USD 0.879282 million compared to USD 1.27 million 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).