Piper Sandler press release (NYSE:PIPR): Q2 Non-GAAP EPS of $2.95 beats by $0.72.
Revenue of $396.79M (+17.0% Y/Y) beats by $41.72M.
For the second quarter of 2025, our adjusted effective tax rate of 28.1% increased compared to 26.6% for the second quarter of 2024 which benefitted from lower non-deductible expenses.