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Stock impact report

Lazard Ltd Reports First-quarter 2020 Results

Lazard LTD. Lazard, LTD. Class A (LAZ) 
Last lazard ltd. lazard, ltd. class a earnings: 4/30 06:49 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/lazard
Company Research Source: Business Wire
Seamless transition to remote working environment during COVID-19 pandemicFinancial Advisory and Asset Management highly active as clients seek trusted expert advice$211 million of capital returned to shareholders in first quarter NEW YORK--(BUSINESS WIRE)--Lazard Ltd (NYSE: LAZ) today reported operating revenue1 of $563 million for the quarter ended March 31, 2020. Net income, as adjusted2, was $67 million, or $0.58 per share (diluted) for the quarter.First-quarter 2020 net income on a U.S. GAAP basis was $64 million, or $0.56 per share (diluted).“Lazard’s first priority during the global COVID-19 pandemic has been the health and safety of our employees, and we are focused on serving clients with all the resources of our global platform,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “We seamlessly transitioned to a remote work environment, thanks to our investments in technology and the dedication of our global teams, who are helping clients navigate tre Show less Read more
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