secwatch.observer — SEC 8-K summary
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Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001165002-24-000063
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Q2 2024: Revenue $22.7M flat; comprehensive loss $2.2M; dividend $0.15/sh
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- Revenue $22.7M flat QoQ, up 3.7% YoY from $21.9M.
- Comprehensive loss $2.2M vs income $2.3M Q1, including $3.8M charge for Salient contingent consideration.
- Diluted EPS $(0.27) vs $0.27 Q1; Non-GAAP Economic Loss $0.5M ($0.06/sh).
- Launched two ETFs (MDST, WEEI) with $43M and $13M net assets; 10.7% and 11.4% distribution rates.
- Dividend $0.15/sh declared, payable Oct 1, record Sep 2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500224000063/0001165002-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500224000063/whg-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001165002-24-000063

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