Houlihan Lokey (HLI) Misses Q3 EPS by 2c

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Houlihan Lokey Reports Fiscal 2016 Third Quarter Financial Results

February 8, 2016 4:15 PM EST

Third Quarter Revenue of $206 Million, up 5% Year-Over-Year

Adjusted EPS of $0.47 per Diluted Share

Declares $0.15 per Share Dividend for Fiscal Fourth Quarter

LOS ANGELES and NEW YORK--(BUSINESS WIRE)-- Houlihan Lokey, Inc. (NYSE: HLI) (Houlihan Lokey or the Company) today reported record financial results for its third quarter ended December 31, 2015. Total revenue for the third quarter was $206 million, an increase of 5% as compared with $197 million for the third quarter of last year. Adjusted net income for the third quarter was $31 million, or $0.47 per... More