Moelis & Company (MC) Declares $0.60 Quarterly Dividend; 4.6% Yield

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Go back to Moelis & Company (MC) Declares $0.60 Quarterly Dividend; 4.6% Yield

Moelis & Company Reports Second Quarter and First Half 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

July 26, 2023 4:15 PM EDT

Second quarter GAAP revenues of $179.9 million; second quarter Adjusted revenues of $182.2 million, down 23% from the prior year period First half GAAP revenues of $367.7 million; first half Adjusted revenues of $367.5 million, down 31% from the first half of 2022 GAAP net loss of $0.17 per share for the second quarter of 2023 and $0.12 per share for the first half of 2023; Adjusted net loss of $0.04 per share for the second quarter of 2023 and Adjusted net income of $0.02 per share (diluted) for the first half of 2023, after excluding $10.4 million of expense related to an agreed in principle regulatory... More