Titanium Asset Posts Narrower Q3 Loss

Titanium Asset Management posted a narrower Q3 loss. Titanium Asset's quarterly revenue rose to $5.78 million, from $5.39 million, in the year-ago period. Its adjusted EBITDA came in at $761,000, versus a year-ago loss of $67,000. Its loss before and after tax came in at $1.46 million, versus a year-ago loss of $1.57 million. Its diluted loss per share came in at $0.07, versus a year-ago loss of $0.08.