secwatch.observer — SEC 8-K summary
======================================

Issuer:     Silvercrest Asset Management Group Inc. (SAMG)
CIK:        0001549966
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000950170-23-035130
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silvercrest Q2 revenue $29.7M, net income $5.1M; AUM $31.9B up 11% YoY
----------------------------------------------------------------------

- Revenue down 7.6% YoY to $29.7M; net income $5.1M vs $9.5M in Q2 2022.
- GAAP diluted EPS $0.33; adjusted diluted EPS $0.34, down from $0.39 a year ago.
- Discretionary AUM $21.5B, up 5.4% YoY; total AUM $31.9B, up 11.1%.
- Board declared quarterly dividend $0.19/share, payable Sept 15, record Sept 8.
- Adjusted EBITDA margin 27.3% for Q2 vs 28.5% prior year; cash $47.4M at quarter end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549966/000095017023035130/0000950170-23-035130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549966/000095017023035130/samg-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-035130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer