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Jun 30, 2024
Bridge Q2 2024 Earnings Report
Bridge reported improved financial results, with increased total revenue, fee related earnings, and distributable earnings.
Key Takeaways
Bridge Investment Group reported improved financial results for Q2 2024, with Total Revenue increasing 2% from last quarter, Fee Related Earnings to the Operating Company increasing 6% and Distributable Earnings increasing 10%.
GAAP Net income was $27.5 million.
GAAP Net loss attributable to Bridge Investment Group Holdings Inc. was $2.4 million.
Loss per share of Class A common stock - basic and diluted was $0.11.
Declared quarterly dividend of $0.13 per share of Class A common stock, payable on September 13, 2024.