Moelis & Company (MC) Declares $0.23 Quarterly Dividend; 3.1% Yield

Go back to Moelis & Company (MC) Declares $0.23 Quarterly Dividend; 3.1% Yield

Moelis & Company Reports First Quarter 2015 Financial Results; Quarterly Dividend of $0.20 Per Share

April 29, 2015 4:06 PM EDT

First quarter revenues of $99.4 million, down 13% from the first quarter of 2014 First quarter Adjusted Pro Forma net income of $0.28 per share (diluted) compared with $0.36 per share (diluted) in the first quarter of 2014; first quarter 2015 GAAP net income of $0.25 per share (diluted) Continued to execute on growth strategy Expanded industry coverage in Europe with the hiring of two Managing Directors in the chemicals and oil & gas sectors in London Hired two Managing Directors in the U.S. to enhance coverage of the technology, media and telecommunications sector... More