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Ritchie Bros reports second quarter 2021 results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Ritchie Bros reports second quarter 2021 results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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VANCOUVER, BC, May 10, 2021 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA) (the Company , Ritchie Bros. , we , us , or our ) reported the following results for the three months ended March 31, 2021.
(All figures are presented in U.S. dollars)
Net income attributable to stockholders increased 24% to $28.2 million, compared to $22.8 million in Q1 2020. Diluted earnings per share ( EPS ) attributable to stockholders increased 19% to $0.25 per share in Q1 2021 compared to $0.21 per share in Q1 2020. Our 11% increase in GTV growth in the quarter was driven by solid underlying performance from all regions contributing to a 31% increase in operating income.
Mon January 14, 2019 - Southeast Edition #2
CEG
Absolute Auctions & Realty Inc.
Absolute Auctions & Realty Inc. is a full-service online auction company that was founded in 1946. We began serving the auction and appraisal needs of the Hudson Valley, N.Y., and have expanded to serving the auction needs of clients all over the globe. Our clients include municipalities and private sellers selling one item or an entire fleet or estate.
We pride ourselves on our reputation and have dedicated ourselves to the auction method of marketing and promotion. Our professional team is always pursuing new technology and methods to better serve our clients and buyers. Our auctioneers are active members of both the National Auctioneers Association and the NYS Auctioneers Associations, serving as Past Presidents of both and currently on the Foundation board and teaching classes for the NAA.
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VANCOUVER, BC, Feb. 18, 2021 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE: RBA) (TSX: RBA), (the Company , Ritchie Bros. , we , us , or our ) reported the following results for the fourth quarter and full year ended December 31, 2020.
(All figures are presented in U.S. dollars)
Fourth quarter highlights
Net income attributable to stockholders decreased 5% to $48.9 million, compared to $51.6 million in Q4 2019. Adjusted net income attributable to stockholders (non-GAAP measures), which excludes $5.2 million of acquisition-related costs ($3.9 million net of tax) related to the acquisition of Rouse Services LLC ( Rouse ), and $1.5 million current income tax expense related to an unfavourable adjustment to reflect final regulations published regarding hybrid financing arrangements, increased 13% to $54.3 million as compared to $48.2 million in Q4 2019. Diluted earnings per share ( EPS ) attributable to stockholders decreas
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