Ritchie Bros. Auctioneers (RBA) Tops Q2 EPS by 6c

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Ritchie Bros. reports second quarter 2015 results

August 6, 2015 5:00 PM EDT

Q2 2015 net earnings of $46.4 million; diluted EPS of $0.43 20% increase in net earnings from year ago quarter; new second quarter earnings record 10% increase in revenue; new second quarter revenue record 19% increase in revenue adjusted for constant currency ("organic growth") 12.32% revenue rate, achieved through strong performance of underwritten business 91% increase in operating free cash flow from year ago quarter, on a 12-month rolling basis Record first half and twelve-month rolling revenue and net earnings Increasing quarterly cash dividend by 14% to $0.16 per share

(All figures... More