Greenhill & Co. (GHL) Misses Q1 EPS by $1.11, Misses on Revenue

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Go back to Greenhill & Co. (GHL) Misses Q1 EPS by $1.11, Misses on Revenue

Greenhill & Co. Reports First Quarter 2023 Results

May 3, 2023 4:05 PM EDT

Quarterly revenues of $49.7 million, up 9% from prior years first quarter Compensation costs for the quarter up 29% from the same period in 2022, largely as a result of the timing of an accounting charge for incentive compensation Non-compensation costs were within our target range but increased 14% for the quarter due to higher travel expenses and one-off relocation costs for our new London office Repaid $1.8 million on the term debt facility during the quarter Repurchased 577,349 shares of common... More