secwatch / observer
8-K filed November 3, 2023, 7:59 PM ET ticker SAMG CIK 0001549966
earnings confidence high sentiment neutral materiality 0.55

Silvercrest Q3 2023: Revenue $29.7M (+2.3% YoY), Adj. diluted EPS $0.36, AUM $31.2B, dividend $0.19

Silvercrest Asset Management Group Inc.

2023-Q3 EPS reported $1.00 revenue$88,868,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Silvercrest Asset Management Group Inc. reported three and nine months ended September 30, 2023 results: revenue Revenue of $29.7 million for the three months and $88.9 million for the nine months ended September 30, 2023, net income GAAP consolidated net income of $5.4 million (three months) and $15.8 million (nine months); net income attributable to, EPS Basic and diluted net income per share of $0.34 (three months); basic $1.01 and diluted $1.00 (nine months).

Period
three and nine months ended September 30, 2023
Revenue
Revenue of $29.7 million for the three months and $88.9 million for the nine months ended September 30, 2023
Net income
GAAP consolidated net income of $5.4 million (three months) and $15.8 million (nine months); net income attributable to
EPS
Basic and diluted net income per share of $0.34 (three months); basic $1.01 and diluted $1.00 (nine months)
Result
reported results
Exact text from the filing
For the Three Months Ended September 30, For the Nine Months Ended September 30, (in thousands except as indicated) 2023 2022 2023 2022 Revenue $ 29,704 $ 29,042 $ 88,868 $ 94,725 Income before other income (expense), net $ 6,519 $ 7,102 $ 19,788 $ 34,441 Net income $ 5,380 $ 5,643 $ 15,825 $ 27,512 Net income margin 18.1 % 19.4 % 17.8 % 29.0 % Net income attributable to Silvercrest $ 3,216 $ 3,433 $ 9,505 $ 16,771 Net income per basic share $ 0.34 $ 0.35 $ 1.01 $ 1.70 Net income per diluted share $ 0.34 $ 0.35 $ 1.00 $ 1.70
View on SEC.gov

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Source: SEC EDGAR
accession 0000950170-23-058411
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