Moelis & Company (MC) Tops Q3 EPS by 4c

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Moelis & Company Reports Third Quarter 2018 Financial Results; Quarterly Dividend of $0.47 Per Share

October 22, 2018 4:17 PM EDT

Record Third Quarter and First Nine Month Revenues

Third quarter revenues of $207.7 million, up 22% from the third quarter of 2017; first nine month revenues of $647.5 million, up 26% from the same period of 2017 GAAP net income of $0.61 per share (diluted) for the third quarter and $2.06 per share (diluted) for the first nine months of 2018; Adjusted net income of $0.62 per share (diluted) and $2.23 per share (diluted) for the third quarter and first nine months of 2018, respectively Continued to execute on organic growth strategy... More