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Jun 30, 2023
Bridge Q2 2023 Earnings Report
Bridge delivered a solid quarter despite market headwinds, aided by growth in key financial metrics.
Key Takeaways
Bridge Investment Group reported a GAAP Net Loss of $2.8 million and Distributable Earnings of $35.0 million, or $0.20 per share after-tax. The company experienced growth in fee-earning AUM and recurring management fees, providing stability during a volatile period. They declared a quarterly dividend of $0.17 per share.
GAAP Net Loss was $2.8 million.
Distributable Earnings were $35.0 million, or $0.20 per share after-tax.
Fee-earning AUM grew 43% year-over-year.
Recurring management fees increased 33% year-over-year.
Revenue by Segment
Forward Guidance
No specific forward guidance was found in the provided document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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