Moelis & Company (MC) Declares $0.60 Quarterly Dividend; 3.8% Yield
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Moelis & Company Reports Second Quarter and First Half 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share
July 24, 2024 4:15 PM EDTSecond quarter GAAP revenues of $264.6 million; Adjusted revenues of $264.6 million, up 45% from the prior year period First half GAAP revenues of $482.1 million; Adjusted revenues of $482.1 million, up 31% from the prior year period GAAP net income of $0.17 per share (diluted) for the second quarter and $0.39 per share (diluted) for the first half of 2024; Adjusted net income of $0.18 per share (diluted) for the second quarter and $0.40 per share (diluted) for the first half of 2024 Continued to execute on our growth strategy: Year-to-date, promoted seven advisory professionals to Managing Director and hired seven... More
