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Stock impact report

Moelis & Company Reports Second Quarter and First Half 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share

Moelis & Company Class A (MC) 
Last moelis & company class a earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: moelis.com
Company Research Source: Business Wire
Second quarter GAAP revenues of $264.6 million; Adjusted revenues of $264.6 million, up 45% from the prior year periodFirst half GAAP revenues of $482.1 million; Adjusted revenues of $482.1 million, up 31% from the prior year periodGAAP 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 2024Continued to execute on our growth strategy:Year-to-date, promoted seven advisory professionals to Managing Director and hired seven Managing Directors, including three Managing Director hires focused on Technology, Industrials and Capital Structure Advisory since our last earnings releaseStrong balance sheet with cash and short-term investments of $191.3 million and no debt or goodwillDeclared quarterly dividend of $0.60 per share NEW YORK--(BUSINESS WIRE)--Moelis & Company (NYSE:MC) today reported finan Show less Read more
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