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Jun 30, 2022
RB Global Q2 2022 Earnings Report
Reported a 22% increase in total revenue, driven by service and inventory sales growth.
Key Takeaways
Ritchie Bros. reported a 22% increase in total revenue to $484.5 million, with service revenue up 13% and inventory sales revenue up 38%. EPS decreased 13% to $0.48, while non-GAAP EPS increased 10% to $0.74. GTV increased 10% to $1.7 billion.
Total revenue increased 22% to $484.5 million.
Service revenue increased 13% to $286.5 million.
Inventory sales revenue increased 38% to $198.0 million.
GTV increased 10% to $1.7 billion.
Forward Guidance
No specific forward guidance provided in the release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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