Moelis & Company (MC) Declares $0.32 Quarterly Dividend; 5.1% Yield
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Moelis & Company Reports Third Quarter 2016 Financial Results; Quarterly Dividend of $0.32 Per Share
October 26, 2016 4:16 PM EDTThird quarter revenues of $150.7 million compare with $151.8 million
of revenues in the third quarter of 2015; first nine month revenues of
$408.8 million, up 8% from the same period of 2015
GAAP net income of $0.39 per share (diluted) for the third quarter and
$0.99 per share (diluted) for the first nine months of 2016; Adjusted
net income of $0.44 per share (diluted) for the third quarter and
$1.14 per share (diluted) for the first nine months of 2016
Continued to execute on organic growth strategy
Entered
into a strategic alliance with... More
