Sotheby’s Shows $57.3 million net income for Quarter, Down from Last Year

August 6th, 2018

Sotheby’s has reported a $57.3 million net income in the second quarter of 2018—a decrease of $19.6 million from last year, it noted in its call to investors this morning. “Overall,”CEO Tad Smith said, “these results were lower than we expected. At the same time, management and the board are excited as ever about the company’s prospects going forward.”

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