Financial News

Financial News

Earnings Releases
Sotheby's Reports First Quarter 2017 Financial Results
May 10, 2017
NEW YORK, May 10, 2017 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the first quarter ended March 31, 2017.  For the three months ended March 31, 2017, Sotheby's reported a net loss of ($11.3) million, or ($0.21) per diluted share, representing a $14.6 million
Sotheby's First Quarter 2017 Earnings Conference Call Invitation
Apr 26, 2017
NEW YORK, April 26, 2017 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its first quarter ended March 31, 2017 earnings conference call on Wednesday, May 10, 2017 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief Financial
Sotheby's and Invaluable Expand Partnership Amid Auction House's Online Sales Growth
Apr 04, 2017
Nearly 20% of Online Buyers in 112 Auctions in 2016  Participated via the Invaluable Marketplace    Sotheby's Will Continue to Utilize Invaluable as its Core Technology Partner for Online Bidding NEW YORK, April 04, 2017 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) and Invaluable today announced a
Sotheby's Reports Fourth Quarter and Full Year 2016 Financial Results
Feb 27, 2017
NEW YORK, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the fourth quarter and full year ended 31 December 2016.  "Our fourth quarter 2016 results came in better than expected largely due to a number of strong fourth quarter sales," said Tad Smith,
Sotheby's Fourth Quarter 2016 Earnings Conference Call Invitation
Feb 13, 2017
NEW YORK, Feb. 13, 2017 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its fourth quarter and full year ended 31 December 2016 earnings conference call on Monday, 27 February 2017 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss,
Linus W. L. Cheung Appointed to Sotheby's Board of Directors
Nov 07, 2016
Retired Hong Kong Telecom and Cathay Pacific Executive Brings Significant Experience in Asia
Sotheby's Reports Third Quarter 2016 Financial Results
Nov 07, 2016
NEW YORK, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the third quarter and nine months ended 30 September 2016. For the three months ended 30 September 2016, Sotheby's reported a net loss of ($54.5) million and diluted loss per share of ($0.99)
Sotheby's Third Quarter 2016 Earnings Conference Call Invitation
Oct 24, 2016
NEW YORK, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its third quarter and nine months ended 30 September 2016 earnings conference call on Monday, 7 November 2016 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss,
Sotheby's Reports Second Quarter 2016 Financial Results
Aug 08, 2016
NEW YORK, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the second quarter and six months ended 30 June 2016. For the three months ended 30 June 2016, Sotheby's reported net income of $89.0 million and diluted earnings per share of $1.52 which
Sotheby's Second Quarter 2016 Earnings Conference Call Invitation
Jul 25, 2016
NEW YORK, July 25, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its second quarter and six months ended 30 June 2016 earnings conference call on Monday, 8 August 2016 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief
Sotheby's Reports First Quarter 2016 Financial Results
May 09, 2016
NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported its financial results for the first quarter ended 31 March 2016. For the three months ended 31 March 2016, Sotheby's reported Adjusted Diluted Loss Per Share* of ($0.35) on an Adjusted Net Loss* of ($22.3) million.   In
Sotheby's First Quarter 2016 Earnings Conference Call Invitation
Apr 25, 2016
NEW YORK, April 25, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its first quarter ended 31 March 2016 earnings conference call on Monday, 9 May 2016 at 9:00 AM EDT.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Mike Goss, Chief Financial
Sotheby's Appoints Michael Goss Chief Financial Officer
Mar 03, 2016
NEW YORK, March 03, 2016 (GLOBE NEWSWIRE) -- Sotheby's has named Michael Goss as Executive Vice President and Chief Financial Officer. Mr. Goss, 56, will assume his new role effective 28 March 2016. Mr. Goss, a partner and managing director at Bain Capital from 2001-2013, served as the firm's Chief
Feb 26, 2016
Sotheby's Fourth Quarter 2015 Earnings Conference Call Invitation
Feb 12, 2016
NEW YORK, Feb. 12, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding its fourth quarter ended 31 December 2015 earnings conference call on Friday, 26 February 2016 at 9:00 AM EST. The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis Weibling, Interim
Sotheby's Conference Call Invitation
Jan 19, 2016
NEW YORK, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding an analyst and investor conference call on Friday, 22 January 2016 at 9:00 AM EST to pre-announce fourth quarter 2015 earnings.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis
Sotheby's Advances Its Strategic Growth Plan by Acquiring the Art Advisory Firm Art Agency, Partners (AAP)
Jan 11, 2016
NEW YORK, Jan. 11, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today announced that it has acquired the art advisory firm Art Agency, Partners (AAP), managed by Amy Cappellazzo, Allan Schwartzman, and Adam Chinn. With this acquisition, Sotheby's, takes a decisive step toward implementing the
Sotheby's Conference Call Invitation
Jan 10, 2016
NEW YORK, Jan. 10, 2016 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) will be holding an analyst and investor conference call on Monday, 11 January 2016 at 9:00 AM EST.  The call will be hosted by Tad Smith, President and Chief Executive Officer, and Dennis Weibling, Interim Chief Financial Officer. 
Sotheby's Appoints Dennis M. Weibling Interim Chief Financial Officer
Dec 17, 2015
NEW YORK, Dec. 17, 2015 (GLOBE NEWSWIRE) -- Sotheby's has named Dennis M. Weibling its Interim Chief Financial Officer. Mr. Weibling, a member of Sotheby's Board of Directors since 2006, and the current Chair of the Board's Audit Committee, will assume the role effective January 1, 2016.
Sotheby's Reports Third Quarter 2015 Financial Results
Nov 09, 2015
NEW YORK, Nov. 09, 2015 (GLOBE NEWSWIRE) -- Sotheby's (NYSE:BID) today reported financial results for the third quarter and nine months ended 30 September 2015. President and Chief Executive Officer Tad Smith said, "We are proud of our auction sale results in the categories of Impressionist, Modern
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