secwatch.observer — SEC 8-K summary
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Issuer:     RB GLOBAL INC. (RBA)
CIK:        0001046102
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001628280-23-038239
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RB Global Q3 revenue up 148% to $1.0B, but EPS down 21%; secures Yellow Corp liquidation contract
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- GTV up 185% to $3.9B, helped by IAA acquisition; pro forma organic GTV rose 17%.
- GAAP EPS fell 21% to $0.30; adjusted EPS rose 36% to $0.72; adj. EBITDA up 179%.
- IAA customer (~4% of GTV) shifting assignment volume away, revenue impact from Q1 2024.
- Named agent/liquidator for Yellow Corp's ~60,000-unit transport asset sale across US/Canada.
- Quarterly dividend $0.27/share declared, payable Dec 21 to holders of record Nov 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046102/000162828023038239/0001628280-23-038239-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046102/000162828023038239/rba-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-038239

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