Quarterly ResultMay 7, 2026, 07:07 AM
Resolute Holdings Q1 EPS $7.19; Non-GAAP FREPS $0.69; $38M Buyback
AI Summary
Resolute Holdings Management, Inc. reported strong financial results for its fiscal first quarter ended March 31, 2026. The company achieved earnings per share of $7.19, a significant increase from ($0.39) in the prior year, and Non-GAAP Fee-Related Earnings per share of $0.69, up from ($0.07). This growth was primarily driven by the new management agreement with Husky Holdings LLC and organic growth from the CompoSecure agreement. Additionally, Resolute Holdings repurchased $38.0 million in common shares during the quarter.
Key Highlights
- EPS attributable to common stockholders was $7.19, up from ($0.39) in the prior year.
- Non-GAAP Fee-Related Earnings per share increased to $0.69 from ($0.07) year-over-year.
- The company repurchased $38.0 million in common shares through open market purchases.
- Management fees for the Resolute Holdings segment rose to $12.9 million from $1.1 million YoY.
- Consolidated net sales increased to $407.8 million, up from $103.9 million in the prior year.
- Consolidated net income attributable to common stockholders was $61.5 million, compared to ($3.4) million YoY.
- Long-term debt, net of deferred financing costs, stood at $2,178.3 million as of March 31, 2026.