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

Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001165002-23-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Holdings Q3 revenue $21.9M, net income $4.4M, declares $0.15 dividend
------------------------------------------------------------------------------

- Revenue $21.9M (flat QoQ, up from $15.4M YoY); net income $4.4M vs $2.9M Q2 and net loss of $1.2M Q3 2022.
- Non-GAAP Economic Earnings $6.3M ($0.77/share) vs $5.7M Q2 and $0.8M year-ago.
- Launched Managed Investment Solutions (customized index solutions) and Westwood Energy Secondaries Fund.
- Declared $0.15 quarterly dividend, payable Jan 3, 2024 to holders of record Dec 1, 2023.
- AUM $15.5B; cash and short-term investments $48.5M; no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500223000082/0001165002-23-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500223000082/whg-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001165002-23-000082

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