Moelis & Company (MC) Tops Q4 EPS by 65c
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Moelis & Company Reports Fourth Quarter and Full Year 2020 Financial Results; Increases Quarterly Dividend 44% to $0.55 Per Share
February 10, 2021 4:15 PM ESTRecord Fourth Quarter and Full Year RevenuesÂ
Record fourth quarter revenues of $422.0 million, up 89% from the same period of 2019 Record annual revenues of $943.3 million, up 26% from the prior year GAAP net income of $1.97 per share (diluted) for the fourth quarter of 2020 and $2.95 per share (diluted) for the full year; Adjusted net income of $1.99 per share (diluted) for the fourth quarter of 2020 and $2.91 per share (diluted) for the full year Full year 2020 adjusted operating margin of 28% versus 18% in the prior year Continued to execute on organic growth... More