earnings
confidence high
sentiment neutral
materiality 0.70
P10 Q4 revenue up 8% but GAAP net loss widens to $1.9M; leadership hires and $40M buyback
Ridgepost Capital, Inc.
2023-FY EPS reported
-$0.06
revenue$241,734,000
- Q4 2023 revenue $63.1M (+8% YoY); fee-paying AUM $23.3B (+10% YoY).
- GAAP net loss $1.9M vs $4.8M income a year ago; adjusted net income $25.5M (-7% YoY).
- FY 2023 revenue $241.7M (+22% YoY); GAAP net loss $7.8M vs $29.4M income prior year.
- Arjay Jensen appointed EVP Head of Strategy & M&A (from Goldman Sachs); Mark Hood promoted to CAO.
- Board authorized $40M additional share repurchase (>$50M total available); quarterly dividend of $0.0325/sh declared.