Moelis & Company (MC) Tops Q1 EPS by 18c
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Moelis & Company Reports First Quarter 2022 Financial Results; Repurchased a Record 2.0 Million Shares During the First Quarter; Declared Regular Quarterly Dividend of $0.60 Per Share
April 27, 2022 4:15 PM EDTRecord First Quarter GAAP and Adjusted RevenuesÂ
First quarter GAAP revenues of $302.1 million; first quarter Adjusted revenues of $298.2 million were up 13% from the prior year period GAAP net income of $0.94 per share (diluted) for the first quarter of 2022; Adjusted net income of $0.95 per share (diluted) for the first quarter of 2022, including a $0.12 per share tax benefit First quarter 2022 Adjusted pre-tax margin of 29.2% Continued to execute on organic growth strategy:Added 17 Managing Directors year-to-date through internal development and key external hires
Includes one Managing Director... More
