COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Diamond Hill Investment Group Inc. (DHIL) on Wednesday reported net income of $12.7 million in its first quarter.

The company, based in Columbus, Ohio, said it had earnings of $4.20 per share. Earnings, adjusted for non-recurring gains, were $2.81 per share.

The investment company posted revenue of $34 million in the period. Its revenue net of interest expense was $34 million, which topped Street forecasts.

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