Ritchie Bros. Auctioneers reports fourth-quarter profit and revenue up from year ago

Ritchie Bros. reported a profit of $45.3-million or 40 cents per diluted share for the quarter ended Dec. 31, up from a profit of $30.6-million or 27 cents per diluted share in the fourth quarter of 2021

The company, which keeps its books in U.S. dollars, reported a profit of $45.3-million or 40 cents per diluted share for the quarter ended Dec. 31, up from a profit of $30.6-million or 27 cents per diluted share in the fourth quarter of 2021.On an adjusted basis, Ritchie Bros.

says it earned 68 cents per diluted share, up from an adjusted profit of 50 cents per diluted share in the last three months of 2021.plan to buy automotive salvage company IAASeveral Ritchie Bros. shareholders have voiced their opposition to the deal that will be voted on by shareholders of both companies on March 14.Your Globe

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