Fiera Capital Corp. (FSZ.TO) Thursday reported a surge in profit for the fifth quarter ended December 31, 2012, helped mainly by higher revenues.
Net income jumped to $3.09 million or $0.05 per share from $0.83 million or $0.02 per share in the comparable quarter last year.
Adjusted earnings for the quarter was $0.16 per share.
Revenues totaled $31.01 million, up from $16.13 million last year.
Assets under management increased to $57.04 million from $28.92 million last year.
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