Lorne Park Capital (TSE:LPC) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Lorne Park Capital Partners Inc. reported a significant increase in revenue and assets under management for the nine-month period ending September 30, 2024, with revenue climbing by 19% and assets reaching $3.35 billion. Despite the revenue growth, net earnings saw a decline due to legal charges related to regulatory matters and acquisitions. The company’s strategic acquisition and market appreciation have bolstered its financial standing, highlighting its commitment to growth and expanded investment solutions.
For further insights into TSE:LPC stock, check out TipRanks’ Stock Analysis page.