secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001556593-24-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital reports Q4 GAAP net loss of $87.5M; EAD of $0.51; Sculptor acquisition complete
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- GAAP net loss Q4 $87.5M ($0.18 diluted EPS); FY net income $532.7M ($1.10 EPS).
- Earnings available for distribution Q4 $247.4M ($0.51/share); FY $997.2M ($2.06/share).
- Book value per common share $11.90 at Dec 31, 2023; common dividend unchanged at $0.25/share.
- Completed Sculptor acquisition Nov 17, 2023 (~$33B AUM); SLS acquisition for $720M targets Q1'24 close.
- Board authorized $200M common and $100M preferred stock repurchase programs through Dec 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000003/0001556593-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000003/ritm-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001556593-24-000003

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