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Stock impact report

Moelis & Company Reports First Quarter 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share [Yahoo! Finance]

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: Yahoo! Finance
GAAP and Adjusted net income of $0.22 per share for the first quarter of 2024; GAAP and Adjusted net income includes a $0.14 per share (diluted) tax benefit Continued to execute on our growth strategy: Promoted seven advisory professionals to Managing Director Hired four Managing Directors - three in the Energy sector and one to cover credit funds Strong balance sheet with cash and short-term investments of $124.9 million and no debt or goodwill Declared quarterly dividend of $0.60 per share NEW YORK, April 24, 2024 BUSINESS WIRE )--Moelis & Company (NYSE:MC) today reported financial results for the quarter ended March 31, 2024. The Firm's first quarter GAAP revenues were $217.5 million as compared with $187.8 million in the prior year period. On an Adjusted basis, the Firm's first quarter revenues of $217.5 million increased 17% from the prior year period. The Firm reported GAAP net income of $17.5 million and $0.22 per share (diluted) for the first quarter of 2024. On a Show less Read more
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