Toronto, April 28, 2016 - GMP Capital Inc. (GMP) (TSX: GMP) today reported revenue of $45.9 million in first quarter 2016, down 14% compared with the same period a year ago. GMP recorded a net loss of $3.6 million and a diluted loss per share of $0.08 in first quarter 2016, compared with a net loss of $8.9 million and diluted loss per share of $0.14 in first quarter 2015. On an adjusted basis1, the first quarter 2016 net loss was $2.9 million and diluted loss per share was $0.07.
For further information about GMP Capital Inc., our results for first quarter 2016 and the meaning of certain references, this earnings release should be read in conjunction with our unaudited interim condensed consolidated financial statements as at and for the three months ended March 31, 2016 (First Quarter 2016 Financial Statements), and our management's discussion and analysis for the three months ended March 31, 2016 (First Quarter 2016 MD&A), which can be accessed on our website at gmpcapital.com and on SEDAR at sedar.com. Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars and have been taken from our First Quarter 2016 Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).
TORONTO, ON. (April 5, 2016) – GMP Capital Inc. (GMP) (TSX:GMP) will release its first quarter 2016 financial results and hold its annual meeting of common shareholders (Annual Meeting) on Thursday, April 28, 2016. First quarter results are expected to be released at approximately 6:00 a.m. (EST).