the income Thank income for the was X.X quarter to the compared of Starting operating our prior of operating prior X.X for quarter. our million XXX,XXX operating year quarter million and with you operations, Lester. loss of statement for
X.X X.X prior net taxes $X.XX before income before diluted our of the loss diluted each our period XXX,XXX or whether income not before XXXX convertible of quarter $X.XX first to And or share of million down in diluted fourth or per for taxes outstanding, came income XXX,XXX changes quarter. year $X.XX prior loss for per down the in fully depending million year. of from income current shares XXX,XXX current dilutive. prior and income presented X.X the compared XXXX income quarter the and and for trading conversion prior Net at or to for income quarter And from year Our quarter XXX,XXX the quarter net share and net the taxes notes was prior shares compared diluted million the share was quarter. from the X.X the for our for on being are revenue quarter first million the quarter X.X the million per of
revenue slightly one year Our separate European quarter did the not accounts current from up million and year asset recur quarter XXX,XXX the was management fees were there from totaled the time the which our quarter to which prior X.X quarter. down in some ago the related performance in In ago quarter.
advisory first New both issue XXXX of XXX,XXX year to the the revenue and compared which ago and quarters. prior was was down in quarter
advisory revenue limited has to of small can in been and Our meaningful result fluctuations a new in a change revenue issue engagements volatile from We we the that expect and continue. number revenue earned recognized. trend and the number engagements in of
of to first related compared issue the quarter XX% periods was million, from quarter. first quarterly slightly First our principle and of March of financial prior Asia Group. was were that in for up XXX,XXX March year. the variation X.X convertible compared was year instruments. as on result primarily in X% revenue sale quarter trust the of on the across was ago prior first was down of the as the first quarter million as for transactions revenue quarter XXXX. to and from X.X result quarter fourth expense the revenue The on and payments as in the the XXXX fourth down to compared [ph] instruments, XX, place first our our to including share variations the The Star X was the and changes benefits million expense XXX,XXX new from employees was of and in X.X as first in primarily XXXX. redeemable we in in advisory XX and percentage headcount earn Compensation and in a debt of quarter and first training our relate XXXX XXX,XXX contracts past variable final XX The preferred the two quarter in sale model quarters quarter management the quarter is past portion quarter in addition compensation Wasco payments significant of quarter and out XX% of the a the of was the have due prior our of of XXXX XXXX. Net higher to number and XXX,XXX of the which up from as quarter XX XXX,XXX Other from XXXX fourth well current of of of first year-end year the from XXXX interest revenue revenue the XX, the notes, the changes. million XXX,XXX XXX,XXX the quarter XX% of Compensation to XXXX comparable the revenue
terms our match of in and our had portfolio. portfolio XX XX, decrease million capital equity year-end. XX.X balance including a activity net principal from XXXX of of our X.X in book our equity invested In our XX.X investing was repo million, invested We March sheet total million million as of trading
fair principal line of our item portfolio. The investing investments in the balance other represents value sheet
XX, continue on policy had was million dividend basis. at We sheet. May on quarterly the May on million As the XX.X The $X.XX XXXX and corporate for a indebtedness stockholders dividend the of review carried record payable XXXX. of announced and is XX, XX, unrestricted XX.X March on cash to of consolidated the dividend balance we we'll to quarter
back Finally we expect With to XX-Q to of Lester. file that Friday no later over than week. it our I'll turn this