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Stock impact report

Westwood Holdings Group Inc Reports Robust Q4 and Full Year 2023 Results [Yahoo! Finance]

Westwood Holdings Group Inc (WHG) 
Company Research Source: Yahoo! Finance
Comprehensive Income : Q4 comprehensive income reached $2.6 million, a significant improvement from a net loss of $3.1 million in Q4 2022. Non-GAAP Economic Earnings : Q4 economic earnings stood at $5.2 million compared to a loss of $0.7 million in the prior year's quarter. Annual Performance : Full-year net income totaled $10.6 million, reversing the previous year's net loss of $4.6 million. Dividend Declaration : A cash dividend of $0.15 per common share has been declared, payable on April 3, 2024. Assets Under Management : Firmwide assets under management and advisement totaled $16.6 billion at year-end. Strategic Acquisitions : The acquisitions of Salient Partners' asset management business and Broadmark Asset Management contributed to revenue growth. Warning! GuruFocus has detected 3 Warning Signs with WHG. On February 14, 2024, Westwood Holdings Group Inc ( NYSE:WHG ) released its 8-K filing , revealing a strong finish to the year with solid fourth-quarter earning Show less Read more
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