Moelis & Company (MC) Tops Q2 EPS by 37c

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Go back to Moelis & Company (MC) Tops Q2 EPS by 37c

Moelis & Company (MC) Announces $0.60 Regular Dividend; Approves $100M Share Buyback

July 21, 2021 4:19 PM EDT

Moelis & Company (NYSE: MC) today reported financial results for the second quarter ended June 30, 2021. The Firms second quarter revenues of $360.9 million increased 126% over the prior year period and represented our second largest quarter of revenues ever. The Firm reported second quarter 2021 GAAP net income of $93.2 million, or $1.17 per share (diluted). On an Adjusted basis, the Firm reported net income of $90.0 million or $1.19 per share (diluted) for the second quarter of 2021, which compares with a net loss of ($7.4) million or ($0.11) per share (diluted) in the prior year period.

Record first half 2021 revenues were... More