secwatch.observer — SEC 8-K summary
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Issuer:     Perella Weinberg Partners (PWP)
CIK:        0001777835
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001777835-24-000102
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perella Weinberg Q1 revenue down 22% to $102M; adjusted EPS $(0.10); record backlog cited
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- Revenue $102M (-22% YoY); GAAP diluted EPS $(0.91); adjusted EPS $(0.10).
- Adjusted pre-tax loss of $(18)M; GAAP pre-tax loss of $(51)M.
- Cash $157M, no debt; repurchased ~2M shares; returned $32M to holders.
- Declared quarterly dividend of $0.07 per share; capital return strategy ongoing.
- CEO notes record high announced and pending transaction backlog; strong momentum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777835/000177783524000102/0001777835-24-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777835/000177783524000102/pwp-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001777835-24-000102

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