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Pzena Investment Management, Inc. Reports Results For The Second Quarter Of 2010

Pzena Investment Management, Inc. (NYSE: PZN) reported the following GAAP and non-GAAP basic and diluted net income and earnings per share for the three and six months ended June 30, 2010 (in thousands, except per-share amounts):

  GAAP Basis     Non-GAAP Basis
For the Three Months Ended June 30, For the Three Months Ended June 30,
2010     2009 2010     2009
(unaudited)
 
Basic Net Income $ 473 $ 821 $ 734 $ 547
Basic Earnings Per Share $ 0.05 $ 0.10 $ 0.08 $ 0.06
 
Diluted Net Income $ 473 $ 4,330 $ 5,003 $ 4,044
Diluted Earnings Per Share $ 0.05 $ 0.07 $ 0.08 $ 0.06
 
 
GAAP Basis Non-GAAP Basis
For the Six Months Ended June 30, For the Six Months Ended June 30,
2010 2009 2010 2009
(unaudited)
 
Basic Net Income $ 1,457 $ 1,303 $ 1,478 $

817

Basic Earnings Per Share $ 0.16 $ 0.17 $ 0.16 $

0.10

 
Diluted Net Income $ 10,464 $ 6,860 $ 10,485 $ 6,352
Diluted Earnings Per Share $ 0.16 $ 0.11 $ 0.16 $ 0.10




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