Selected Quarterly Financial Data (Unaudited) |
The following is a summary of the quarterly results of operations of the Company for the years ended December 31, 2023 and 2022.
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2023 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Revenue |
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$ |
29,430 |
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$ |
29,734 |
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$ |
29,704 |
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$ |
28,542 |
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Income (loss) before other income (expense), net |
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$ |
6,751 |
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$ |
6,518 |
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$ |
6,519 |
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$ |
(969 |
) |
Net income (loss) |
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$ |
5,310 |
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$ |
5,135 |
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$ |
5,380 |
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$ |
(642 |
) |
Net income (loss) attributable to Silvercrest |
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$ |
3,204 |
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$ |
3,085 |
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$ |
3,216 |
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$ |
(411 |
) |
Net income (loss) per share/unit - basic |
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$ |
0.34 |
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$ |
0.33 |
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$ |
0.34 |
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$ |
(0.05 |
) |
Net income (loss) per share/unit - diluted |
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$ |
0.33 |
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$ |
0.33 |
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$ |
0.34 |
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$ |
(0.04 |
) |
Weighted average shares/units outstanding - basic |
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9,548,766 |
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9,456,347 |
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9,354,747 |
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9,368,579 |
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Weighted average shares/units outstanding - diluted |
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9,577,901 |
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9,480,079 |
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9,378,479 |
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9,368,579 |
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2022 |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Revenue |
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$ |
33,510 |
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$ |
32,173 |
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$ |
29,042 |
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$ |
28,492 |
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Income before other income (expense), net |
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$ |
15,439 |
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$ |
11,900 |
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$ |
7,102 |
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$ |
4,121 |
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Net income |
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$ |
12,396 |
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$ |
9,473 |
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$ |
5,643 |
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$ |
3,281 |
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Net income attributable to Silvercrest |
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$ |
7,568 |
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$ |
5,770 |
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$ |
3,433 |
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$ |
2,057 |
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Net income per share/unit - basic |
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$ |
0.77 |
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$ |
0.58 |
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$ |
0.35 |
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$ |
0.22 |
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Net income per share/unit – diluted |
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$ |
0.77 |
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$ |
0.58 |
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$ |
0.35 |
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$ |
0.22 |
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Weighted average shares/units outstanding - basic |
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9,869,444 |
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9,887,018 |
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9,815,157 |
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9,603,073 |
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Weighted average shares/units outstanding - diluted |
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9,891,148 |
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9,913,437 |
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9,847,131 |
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9,635,047 |
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