you, Lester. Thank
with a of operating discussion results quarter. our for begin the I'll
million Our net compared quarter of loss million attributable or $X.XX or $X.XX and to fully Cohen fully loss to for $X.X $X.X $X.XX fully for quarter of the share the million or & per net prior diluted share income net diluted $X Inc. per for the was quarter prior per year share. Company diluted
pretax Our million was for $X.X adjusted prior for pretax adjusted loss $X.X million and quarter income year prior million adjusted to the the compared quarter of loss $X.X quarter. pretax the of for
to it subsidiary, Inc. interest, substantially Chairman, a pretax in our is interest key earnings Cohen consolidated of enterprise adjusted which attributable convertible Cohen the through reminder, his Company, Company, incorporates us & primary a operating income our which a noncontrolling holds Cohen. Daniel as LLC, subsidiary Founder As measurement & enterprise is Daniel is and earnings for the by held
revenue advisory ago in first and increase quarter, million million an year $XX.X issue was the $X.X of from the the quarter million from New second $X.X of a quarter. decrease and
closes, volatility in as also underlying can revenue when recognized. engagement our revenue is quarter-to-quarter in of and underlying generally an increases the average fluctuations transactions revenue The fluctuate limited per number has from will a advisory be volatile. the of revenue revenue earn engagements, number small expect of Our We a been result to in continue engagements revenue and issue change earned new can and from transaction earned the the well. thus timing we
second million down first quarter, trading the million came 'XX. from quarter the at from $X.X and up in in Net second of the $X.X revenue $X.X quarter million
quarter down $X.X in million the totaled year $XXX,XXX prior prior asset from from the management revenue which up and the quarter Our was $XXX,XXX quarter.
positions has asset adjustments management, resulted principal market the in mark-to-market our a million, due holdings adviser involvement as other to and investments we and to SPAC in line transactions in related was founder our P&L. to Second public decline in continued many leading line method which value, equity $X.X post-business decrease SPACs revenue of the primarily quarter increased sponsor, shares combination equity on the transaction negative companies. the post-business to received on our item investor of principal and principal item Equity combination negatively has value impacting both
Compensation those in $XX.X earned we fallen consideration certain net all includes have and investment investment related cases, million to year $XX.X variable addition, losses banking method and prior and noncontrolling interests portfolio. up the and in the these received which incentive bank of affiliates, some subsequently in quarter primarily from and of benefits transactions assets income prior quarter Principal equity second revenue was the value. for and revenue, in net compensation. our the on due fluctuations income In quarter, expense our the investment clients from million was from form assets from gains down of investment nonconvertible
on notes, Net XXX 'XX. million, trust as at from our June The million quarter of of line Loss of the for method during the end at XXX compared affiliates $X equity X our on $X.X expense number of quarter senior on including financial credit of and XXX of end was company debt totaled end XX,XXX instrument. the our the XXX,XXX employees interest the instruments, XXX,XXX million. on was preferred our redeemable the $X.X to and March quarter
attributable loss method or of our an credit to from in generally SPAC our record current of million income item. The fund portfolio line the line in These former ownership quarter, loss interest recorded SPAC the funds. to the subsidiaries also equity net nonconvertible interests amounts an affiliates in was noncontrolling we $X.X by managers offsetting series noncontrolling offset credit the the certain charge nonconvertible there represent item. is consolidated net During and our income
interest $XX.X was and end decrease 'XX. of at the December $X.X nonconvertible $X.X of interest million total $XX.X the the 'XX. and the In At the end sheet, our June our noncontrolling compared a of quarter, of was terms noncontrolling million The excluding end nonconvertible of the was component indebtedness at quarter, consolidated instrument total from of $XX.X of was million redeemable of equity at the equity balance $X.X $XX.X equity million of to as $XX.X as carried enterprise financial million the million. XXXX. was at total at the million of the carried end $XX.X quarter million XX Thus, million at XX, end
we As quarterly declared have payable $X.XX August stockholders Lester dividend of of XX as of of mentioned, to a X 'XX per September of 'XX. share record on
be the results each will board capital quarterly continue decisions and to operating quarter policy Our may and by dividends the evaluate needs. regarding company's future impacted dividend
turn it back I'll that, With to over Lester.
