Quarterly ResultMay 7, 2026, 07:21 AM
Resolute Holdings Q1 EPS $7.19; Fee-Related EPS $0.69; $60M New Term Loan
AI Summary
Resolute Holdings Management, Inc. reported strong financial results for Q1 2026, with diluted EPS attributable to common stockholders of $7.19, a significant improvement from ($0.39) in the prior year. Non-GAAP Fee-Related Earnings per share also increased to $0.69 from ($0.07) year-over-year, driven by higher management fees from new agreements. Concurrently, the company entered into a Second Amendment to its Credit Agreement, securing $60 million in new term loan commitments and reallocating its $40 million revolving commitments. The company also repurchased $38.0 million in common shares during the quarter.
Key Highlights
- Diluted EPS attributable to common stockholders was $7.19, up from ($0.39) YoY.
- Non-GAAP Fee-Related Earnings per share was $0.69, up from ($0.07) YoY.
- Secured $60 million in new term loan commitments.
- Management fees increased to $12.9 million from $1.1 million YoY.
- Net sales rose to $407.8 million from $103.9 million YoY.
- Repurchased $38.0 million in common shares.
- Total assets grew to $6,215.0 million from $333.4 million.
- Long-term debt increased to $2,178.3 million from $169.8 million.