Bridge Investment Group Holdings (BRDG) Tops Q1 EPS by 1c

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Bridge Investment Group Holdings Inc. Reports First Quarter 2024 Results

May 8, 2024 4:15 PM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- Bridge Investment Group Holdings Inc. (NYSE: BRDG) (Bridge or the Company) today reported its financial results for the quarter ended March 31, 2024.

Net Income (Loss) was $(36.8) million for the quarter ended March 31, 2024. On a basic and diluted basis, net income (loss) attributable to Bridge per share of Class A common stock was $0.24 and $(0.05), respectively, for the quarter ended March 31, 2024.

Distributable Earnings of Bridge Investment Group Holdings LLC (the Operating Company) were $32.2 million, or $0.17 per share after-tax, for the quarter ended March 31, 2024. Fee Related Earnings to the Operating Company were... More