Moelis & Company (MC) Tops Q2 EPS by 12c

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Go back to Moelis & Company (MC) Tops Q2 EPS by 12c

Moelis & Company Reports Second Quarter and First Half 2022 Financial Results; Repurchased 2.8 Million Shares During the First Half of 2022; Declared Regular Quarterly Dividend of $0.60 Per Share

July 27, 2022 4:24 PM EDT

Second quarter GAAP revenues of $242.5 million; second quarter Adjusted revenues of $237.4 million, down 34% from the prior year period First half GAAP revenues of $544.6 million; first half Adjusted revenues of $535.7 million, down 14% from the first half of 2021 GAAP net income of $0.56 per share (diluted) for the second quarter of 2022 and $1.49 per share (diluted) for the first half of 2022; Adjusted net income of $0.57 per share (diluted) for the second quarter of 2022 and $1.52 per share (diluted) for the first half of 2022 Second quarter 2022 Adjusted pre-tax margin of 24.9%; first half of 2022 Adjusted pre-tax margin of... More