secwatch.observer — SEC 8-K summary
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Issuer:     Perella Weinberg Partners (PWP)
CIK:        0001777835
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001777835-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perella Weinberg FY2022 revenue $631.5M, down 21%; GAAP net loss $31.7M; adds $100M buyback
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- FY2022 revenue $631.5M (down 21% vs record $801.7M in 2021); adjusted net income $81.6M, down 49%.
- Q4 2022 revenue $183.1M (down 8% YoY); adjusted net income $12.0M vs $38.4M in Q4 2021.
- Board authorized $100M additional share repurchase, increasing total capacity to ~$125M.
- Declared quarterly dividend of $0.07 per share; returned $104M to shareholders in 2022.
- Added 8 partners and 14 managing directors in 2022; leadership transition to CEO Bednar, Chairman Weinberg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777835/000177783523000004/0001777835-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777835/000177783523000004/pwp-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001777835-23-000004

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