Moelis & Company (MC) Declares $0.60 Quarterly Dividend; 5.6% Yield

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Moelis & Company Reports Third Quarter and First Nine Months of 2022 Financial Results; Declared Regular Quarterly Dividend of $0.60 Per Share

November 2, 2022 4:17 PM EDT

Third quarter GAAP revenues of $233.5 million; third quarter Adjusted revenues of $232.4 million, down 55% from the prior year period GAAP revenues for the first nine months of 2022 were $778.1 million; Adjusted revenues for the first nine months of 2022 were $768.1 million, down 33% from the prior year period GAAP net income of $0.37 per share (diluted) for the third quarter of 2022 and $1.86 per share (diluted) for the first nine months of 2022; Adjusted net income of $0.37 per share (diluted) for the third quarter of 2022 and $1.89 per share (diluted) for the first nine months of 2022 Third quarter 2022 Adjusted pre-tax... More