secwatch.observer — SEC 8-K summary
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Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001165002-22-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Q1 revenue $17.2M, net income $0.1M; EPS $0.01 vs $0.52 YoY
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- Revenue $17.2M vs Q4 $19.4M and Q1 2021 $18.3M; lower performance fees drove decline.
- Net income $0.1M ($0.01 diluted EPS) vs Q4 $2.8M ($0.36) and Q1 2021 $4.1M ($0.52).
- Non-GAAP Economic Earnings $1.9M ($0.24/share) vs Q4 $4.7M ($0.59) and Q1 2021 $6.3M ($0.79).
- AUM $13.9B at March 31, down from $14.5B at Dec 31, 2021; cash $73.5M, no debt.
- Quarterly dividend $0.15/share declared, payable July 1, 2022 to holders of record June 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500222000057/0001165002-22-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500222000057/whg-20220427.htm
  HTML page:      https://secwatch.observer/filing/0001165002-22-000057

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