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Jun 30, 2021
Houlihan Lokey Q1 2022 Earnings Report
Reported record first quarter results driven by strong market momentum and strategic acquisitions.
Key Takeaways
Houlihan Lokey reported first quarter fiscal 2022 revenues of $373 million and diluted EPS of $1.25. The company's bull/bear, cyclically balanced model performed as expected, and they announced an acquisition agreement with GCA Corporation.
Revenues for the first quarter reached $373 million, compared to $211 million in the same period last year.
Net income for the quarter was $86 million, or $1.25 per diluted share, up from $46 million, or $0.69 per diluted share, in the prior year.
Adjusted net income was $82 million, or $1.19 per diluted share, compared to $38 million, or $0.56 per diluted share, for the same quarter last year.
The company announced a dividend of $0.43 per share for the second quarter of fiscal 2022.
Revenue by Segment
Forward Guidance
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” and similar expressions that do not relate to historical matters.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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