secwatch.observer — SEC 8-K summary
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Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001165002-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Q1 2024 comprehensive income $2.3M, up from $0.7M; revenue flat at $22.7M
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- Comprehensive income $2.3M vs $0.7M in Q1 2023; diluted EPS $0.27 vs $0.09.
- Revenue $22.7M, flat YoY and sequentially; AUM/AUA $17.2B, highest in six years.
- Non-GAAP Economic Earnings $3.0M ($0.36) vs $1.7M ($0.22) a year ago.
- Declared $0.15/share dividend payable July 1, 2024; cash $46.6M, debt-free.
- Launched two ETFs (MDST on NYSE, WEEI on NASDAQ) in Q2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500224000037/0001165002-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500224000037/whg-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001165002-24-000037

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