Form 6-K RITCHIE BROS AUCTIONEERS For: Sep 30

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Go back to Form 6-K RITCHIE BROS AUCTIONEERS For: Sep 30

Ritchie Bros. Auctioneers (RBA) Reports In-Line Q3 EPS; Announces Reorganization, Exec Changes

November 4, 2014 8:06 AM EST

Ritchie Bros. Auctioneers (NYSE: RBA) reported Q3 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $102.2 million versus the consensus estimate of $101.47 million.

The company also announces several changes to its reporting structure and senior management team.

Having completed an extensive review of Company operations and historical performance, Ravi Saligram, Chief Executive Officer, is now in the process of developing a strategic roadmap for the Company, which will be disclosed on January 12, 2015, at an Investor and Analyst Day in New York. Mr. Saligram is committed to... More