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BRC Group Soars After Profit Swing on Q3 Results

The firm regained Nasdaq compliance after filing three quarterly reports within 120 days.

Overview

  • Net income reached $89.1 million with diluted EPS of $2.91 as revenue rose to $277.9 million, while adjusted EBITDA improved to $112.2 million and operating adjusted EBITDA to $58.0 million.
  • The Capital Markets unit delivered $65.4 million in services and fee revenue and $60.7 million in segment income, supported by approximately $10.5 billion of client equity and debt raises.
  • The company filed its third-quarter 10-Q and completed three quarterly reports within 120 days to bring SEC periodic reporting current and achieve listing standards.
  • Total debt stood at $1.44 billion and net debt at $702.9 million at quarter-end, down from $1.77 billion and $1.06 billion at the end of 2024.
  • Shares jumped roughly 36% to 38% in extended trading to about $10.36–$10.44, with technicals showing strong momentum and an RSI near 70 that signals possible overbought conditions.