Houlihan Lokey (HLI) Tops Q1 EPS by 12c, Revenues Beat

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Houlihan Lokey Reports First Quarter Fiscal 2020 Financial Results

July 25, 2019 4:15 PM EDT

First Quarter Fiscal 2020 Revenues of $250 million
First Quarter Fiscal 2020 Diluted EPS of $0.65
Adjusted First Quarter Fiscal 2020 Diluted EPS of $0.67
Announces Dividend of $0.31 per Share for Second Quarter Fiscal 2020

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Houlihan Lokey, Inc. (NYSE: HLI) (Houlihan Lokey or the Company) today reported financial results for its first quarter ended June 30, 2019. During the first quarter, revenues increased by 14% to $250 million, compared with $220 million for the first quarter ended June 30, 2018.

Net income increased 44% to... More