Thomas Weisel Partners Group, Inc. (TWPG)

[analogdog]

Get this... the 800 thousand dollars lost this quarter on interest, while still maintaining a profit in excess of last years quarte... only resulted in a net loos of 3 cents per share. Yet.. it dropped much further. This may bounce hard. Checking any change in institutional lenders to see if a hedge fund got out. I love these as they tend pop hard once hedgie out and shorters hit it. Nice.

THOMAS WEISEL PARTNERS GROUP, INC. REPORTS THIRD QUARTER RESULTS
WITH REBOUND IN BROKERAGE AND STRONG M&A
San Francisco, November 1, 2007 – Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) reported net
$63.7 million in the third quarter of 2007 and $212.1 million in the first nine months of 2007, increases of 10%
respectively, from the comparable periods in 2006.
Non-GAAP net income and diluted earnings per share were $0.3 million and $0.01 for the third quarter of
the first nine months of 2007, non-GAAP net income and diluted earnings per share were $14.4 million
GAAP net income and diluted earnings per share for the third quarter of 2007 were losses of $0.8 million
For the first nine months of 2007, GAAP net income and diluted earnings per share were $11.2 million
These non-GAAP financial measures adjust for certain one-time events related to our conversion to a corporation
our initial public offering. Reconciliation between our GAAP results and these non-GAAP measures is discussed
under “Non-GAAP Financial Measures”.
Business Highlights
• Brokerage. Brokerage revenues increased 16% to $30.3 million in the third quarter of 2007 compared
second quarter of 2007 mainly due to increases in trading volumes in our institutional equity trading and
improvements in our convertible debt trading revenues.
“The broadening of our geographic coverage, including our recent addition of senior institutional sales professionals
in the Midwest and in Europe, contributed to this quarter’s brokerage performance,” said Paul Slivon,
Institutional Sales. “Our convertible trading team was able to contribute to revenue growth through
management during the difficult credit market conditions experienced in July and August,” continued Mr.
“Our electronic trading group saw increased volumes and revenues in the third quarter as we continue
our product lines,” added Tony Stais, Director of Trading.
• Investment Banking. Investment banking revenues increased 15% in the third quarter and 9% in the
months of 2007 to $25.5 million and $94.4 million, respectively, from the comparable periods in
completed 15 transactions in the third quarter and 55 transactions in the first nine months of 2007. Our
revenue per transaction increased to $1.7 million in both the third quarter and first nine months of 2007
to $1.4 million and $1.5 million in the comparable periods in 2006, respectively. We book- and lead-managed
and 43% of our public and private capital raising transactions in the third quarter and first nine months
respectively, compared to 45% and 37% in the comparable periods of 2006.
We advised a diverse group of companies in the third quarter including, American Technical Ceramics
sale to AVX Corporation for approximately $231 million, Innovative Systems Design, Inc. in its sale
Inc. for approximately $100 million, Noven Pharmaceuticals, Inc. in its acquisition of JDS Pharmaceuticals,
approximately $125 million, Rivals.com in its sale to Yahoo! Inc. and Spencer Gifts Holdings, Inc. in
ACON Investments. Other notable third quarter transactions included a joint book-managed follow-
for Double-Take Software, Inc. and co-managed initial public offerings for lululemon athletica Inc.,
Corporation, Netezza Corporation and Orbitz Worldwide, Inc. Additionally, we were the sole agent
transaction and on two private placements, including a $62 million placement for iCrossing, Inc.

The 8K

http://ir.tweisel.com/secfiling.cfm?filingID=1144204-07-57649