Moelis & Company (MC) Tops Q2 EPS by 5c, Revenues Beat

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Go back to Moelis & Company (MC) Tops Q2 EPS by 5c, Revenues Beat

Moelis & Company Reports Second Quarter 2020 Financial Results; Quarterly Dividend of $0.255 Per Share

July 29, 2020 4:17 PM EDT

Second quarter revenues of $159.9 million, up 4% from the second quarter of 2019; first half revenues of $313.6 million, up 8% from the same period of 2019 GAAP net loss of ($0.10) per share (diluted) for the second quarter of 2020 and net income of $0.33 per share (diluted) for the first half of 2020; Adjusted net loss of ($0.11) per share (diluted) for the second quarter and Adjusted net income of $0.34 per share (diluted) for the first half of 2020 Continued to execute on organic growth strategy Added two Managing Directors in the U.S. to expand and enhance... More