Houlihan Lokey (NYSE: HLI) reported Q1 EPS of $0.67, $0.12 better than the analyst estimate of $0.55. Revenue for the quarter came in at $250 million versus the consensus estimate of $231.2 million.

• First Quarter Fiscal 2020 Revenues of $250 million
• First Quarter Fiscal 2020 Diluted EPS of $0.65
• Adjusted First Quarter Fiscal 2020 Diluted EPS of $0.67
• Announces Dividend of $0.31 per Share for Second Quarter Fiscal 2020

"We are pleased to report record first quarter results as we kick-off our fiscal year 2020. We remain optimistic about our ability to provide long term shareholder value through our balanced business model, especially in light of current business and market conditions," stated Scott Beiser, Chief Executive Officer of Houlihan Lokey.

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