Siebert Financial Corp: Up on Q1 revenue, profit growth

Siebert Financial

17/05/2021 16:41

** Shares of financial services provider  SIEB.N  rise 1% to
$3.84
    ** Co posts Q1 rev. of $18.9 mln, up 28% from a year earlier
 urn:newsml:reuters.com:*:nBw5Wf0cha
    ** SIEB's operating income doubles to $3 mln from $1.5 mln
in Q1 2020
    ** Operating income is on track to outpace the entire 2020
fiscal year by the second quarter of 2021 - CEO
    ** Stock down 8.4% so far this year

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))