The Carlyle Group L.P. Q2 Income Drops 80%

(RTTNews) - The Carlyle Group L.P. (CG) released earnings for second quarter that declined compared to the same period last year.

The company said its profit dropped to $6.1 million, or $0.07 per share. This was down from $30.6 million, or $0.34 per share, in last year's second quarter.

The company said revenue for the quarter fell 29.0% to $608.0 million. This was down from $856.1 million last year.

The Carlyle Group L.P. earnings at a glance:

-Earnings (Q2): $6.1 Mln. vs. $30.6 Mln. last year. -Earnings Decline (Y-o-Y): -80.1% -EPS (Q2): $0.07 vs. $0.34 last year. -EPS Decline (Y-o-Y): -79.4% -Revenue (Q2): $608.0 Mln vs. $856.1 Mln last year. -Revenue Change (Y-o-Y): -29.0%