Ritchie Bros. Auctioneers (RBA) Tops Q1 EPS by 6c

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Ritchie Bros. reports first quarter 2016 results

May 9, 2016 7:01 AM EDT

More than $1 billion of Gross Auction Proceeds1 achieved during the first quarter for the first time Strong Revenue Rate1 of 12.9%, driven mostly by strong performance in the Company's auction businesses and growing fee-based revenue streams Q1 2016 revenues increased 14%; operating income increased 19%, compared to Q1 2015 Q1 2016 diluted earnings per share attributable to stockholders of $0.27, an increase of 23% relative to Q1 2015 Operating Free Cash Flow3 increased 20% in the 12-months ended March 31, 2016 compared to the same period ended last year

(All figures are presented in U.S. dollars)

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Ritchie Bros. Auctioneers Publishes Monthly Auction Metrics

May 6, 2016 5:05 PM EDT

VANCOUVER, May 6, 2016 /PRNewswire/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA), the world's largest industrial auctioneer, has published its April 2016 auction metrics on the company's website.  This information can be accessed at the following... More