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Ritchie Bros Q4 net income increased 45%

Christian Fernsby |
Ritchie Bros. Auctioneers reports results for the fourth quarter ended December 31, 2019.

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Net income attributable to stockholders for Q4 2019 increased 45% to $51.6 million, while diluted adjusted EPS attributable to stockholders (non-GAAP measure) increased 38% to $0.44 from $0.32 per share compared to the same period in 2018.

Total revenue in Q4 2019 decreased 7% to $332.2 million as compared to Q4 2018.

Total selling, general and administrative expenses was $95.8 million compared to $95.6 million in Q4 2018.

Operating income in Q4 2019 increased 27% to $71.5 million as compared to Q4 2018.

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