Moelis & Company (MC) Tops Q2 EPS by 22c, Revenues Beat
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Moelis & Company Reports Second Quarter 2018 Financial Results; Special Dividend of $1.50 Per Share in Addition to Regular Quarterly Dividend of $0.47 Per Share
July 23, 2018 4:19 PM EDTRecord Second Quarter and First Half Revenues
Second quarter revenues of $220.4 million, up 28% from the second quarter of 2017; first half revenues of $439.8 million, up 27% from the same period of 2017 GAAP net income of $0.72 per share (diluted) for the second quarter and $1.47 per share (diluted) for the first half of 2018; Adjusted net income of $0.78 per share (diluted) and $1.62 per share (diluted) for the second quarter and first half of 2018, respectively Continued to execute on organic growth strategy Added nine Managing Directors year to date through internal... More