Piper Jaffray Companies has announced that in the fourth quarter of 2011 it made a non-GAAP net income of $2.1m, equating to $0.11 per diluted common share. On a GAAP basis, the quarter saw a net loss of $116.4m ($7.38 per diluted common share), due to the non-GAAP figures excluding a $118.4m after-tax goodwill impairment [...]
