FOCS News and Press, Focus Financial Partners Inc. From 02/17/23

NEW YORK, NY / ACCESSWIRE / February 17, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which Davis Financial Planning, LLC ("DFP"), a...

Raymond James analyst Jack O'Shaughnessy downgraded Focus Financial Partners ( NASDAQ: FOCS ) to Market Perform from Outperform on the premise that potential upside for its stock is limited by the $53/share offer made for the company by buyout firm Clayton, Dubilier & Rice. "W...

Focus Financial Partners Inc. (FOCS) Q4 2022 Earnings Conference Call February 16, 2023 08:30 AM ET Company Participants Rusty McGranahan - General Counsel Rudy Adolf - Founder, Chief Executive Officer & Chairman Jim Shanahan - Chief Financial Officer Confere...

Focus Financial Partners press release ( NASDAQ: FOCS ): Q4 Non-GAAP EPS of $0.99 beats by $0.08 . Revenue of $547.68M (+4.5% Y/Y) beats by $29.95M . The increase was primarily attributable to $14.6 million of revenues from new partner firms acquired during the last tw...

Solid Full-Year Performance, Demonstrating Business Resiliency and Momentum Despite the Challenging Macro Environment NEW YORK, NY / ACCESSWIRE / February 16, 2023 / Focus Financial Partners Inc. (Nasdaq:FOCS) ("Focus Inc.", "Focus", the "Company", "we", "us" or "our"), a leading partnership...

Morgan Stanley on Wednesday upgraded Focus Financial Partners ( NASDAQ: FOCS ) to Equal-weight from Underweight as Clayton, Dubilier & Rice's $53/share take-private offer is accretive to shareholders. "There do not appear to be material contingencies against the deal," sa...

NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, announced today that it has made a minority investment in Luminary Platforms, Inc. ("Luminary"), a technology platfo...

NEW YORK, NY / ACCESSWIRE / February 9, 2023 / Focus Financial Partners Inc. (Nasdaq:FOCS) ("Focus"), a leading partnership of independent, fiduciary wealth management firms, today announced that it will report its results for the fourth quarter and full year ended December 31, 2022 on the mor...

Focus Financial Partners ( NASDAQ: FOCS ) was cut to market perform from outperform as the company is unlikely to see a competing bid after entering exclusive talks with Clayton, Dubilier & Rice, according to BMO. "Given this is an exclusivity agreement, we do not expect a competi...

Focus Financial Partners ( NASDAQ: FOCS ) jumped 12% in premarket trading after receiving a non-binding proposal from buyout firm Clayton, Dubilier & Rice for $53 a share. The PE firm made the offer on Sunday and the bidder expressed that the bid is its "best and final," accor...