secwatch.observer — SEC 8-K summary
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Issuer:     Rithm Capital Corp. (RITM)
CIK:        0001556593
Form:       8-K
Filed at:   2024-10-29T23:59:59+00:00
Accession:  0001556593-24-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rithm Capital Q3 GAAP net income $97M ($0.20/diluted); earnings available for distribution $0.54/diluted
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- GAAP net income of $97.0M ($0.20 diluted); earnings available for distribution $270.3M ($0.54 diluted), up from $0.47 in Q2.
- Common dividend maintained at $0.25 per share, paid on $129.9M.
- Company sold 30M shares of common stock for gross proceeds of ~$340M.
- Total servicing portfolio UPB of $878B; Newrez pre-tax income $245.9M ex-MSR; Sculptor AUM ~$34B.
- Board changes: Andrew Sloves resigns as director to become Managing Director; William Addas and Ranjit Kripalani elected independent directors, effective Nov 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000036/0001556593-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556593/000155659324000036/ritm-20241029.htm
  HTML page:      https://secwatch.observer/filing/0001556593-24-000036

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