Piper Jaffray

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Piper Jaffray 2nd-Qtr Profit Falls, Revenue Dips

Investment bank and asset management firm Piper Jaffray said Wednesday that its second-quarter net income dropped 61 percent from results a year ago that were bolstered by tax benefit. Piper Jaffray Cos. earned $2.3 million, or 15 cents per share, for the three months ended June 30.


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Piper Jaffray 1Q Profit Down On Income Tax Expense

The bank said Wednesday that its net income fell to $2.5 million, or 15 cents per share, from $5.7 million, or 38 cents per share, in the same period last year.