09:36 AM EST - Legg Mason, Inc. : reported its operating results for the third quarter of fiscal year 2009, which ended December 31, 2008. For the quarter, revenue was $720.0 million, (all figures in U.S. funds) down 39 per cent from $1.2 billion in the third quarter of fiscal 2008. The Company reported a net loss of $1.5 billion, or $10.55 per diluted share, compared to net income of $154.6 million, or $1.07 per diluted share, in the third quarter of fiscal 2008 and compared to a net loss of $103.8 million, or $0.74 per diluted share, in the quarter ended September 30, 2008. Legg Mason, Inc.
shares LM are trading down $2.98 at $16.46.
