GAMCO Expects to Report Diluted EPS for the Second Quarter 2025 of $0.89 to $0.94 Per Share

GREENWICH, Conn., July 01, 2025 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. ("Gabelli") (OTCQX:GAMI) announced today that assets under management ("AUM") were $33.3 billion at June 30, 2025 as compared to $30.7 billion at June 30, 2024.

Gabelli expects to report second quarter 2025 diluted earnings in the range of $0.89 to $0.94 per share versus $0.61 per share for the second quarter of 2024.

These results include the investment management services business of Keeley acquired from Teton Advisors, Inc. (OTC:TETAA) on May 1, 2025. Keeley consists of four mutual funds and approximately 500 separately managed accounts (SMAs) with AUM of close to $1.0 billion.

Gabelli plans to review further details with its financial results in early August.

About GAMCO Investors, Inc.

Gabelli (OTCQX:GAMI), established in 1977, is a widely-recognized provider of investment advisory services to 27 open-end funds, 13 United States closed-end funds and one United Kingdom limited investment company, 5 actively managed exchange traded funds, one société d'investissement à capital variable, and approximately 1,900 institutional and private wealth management investors principally in the U.S. The Company's revenues are based primarily on the levels of assets under management and fees associated with the various investment products.

In 1977, Gabelli launched its well-known All Cap Value equity strategy, Gabelli Value, in a separate account format and in 1986 entered ...