Tag: Ritchie Bros. 3Q

Business

Ritchie Bros. 3Q auction proceeds up, revenues down; announces management, structure changes

Ritchie Bros. says it saw a record third quarter in gross auction proceeds, posting $886.9 million for the period, up 12 percent compared to last year. The company says it achieved more than $4 billion in gross auction proceeds for the last four quarters, which is a first for the company. Adjusted net earnings, however, […]

December 3, 2014

Business

Ritchie Bros. boosts revenues, doubles profit in 3Q

Ritchie Bros. Auctioneers announced today a sizable gain in revenues in the third quarter and a huge profit increase. The company brought in auction revenues of $105.8 million. That’s a 15-percent increase from the same period last year. Meanwhile, profit grew 101 percent to $16.4 million. When excluding the after-tax effects of excess property sales and […]

November 5, 2013