Houlihan Lokey reported revenues of $514 million and diluted EPS of $1.30 for the first quarter of fiscal year 2025. The company experienced revenue growth of 24% compared to the same quarter last year, driven by improvements in M&A activity. The Corporate Finance business had its strongest first quarter ever, while Financial Restructuring had its second-strongest. Financial and Valuation Advisory is seeing increased momentum.
First quarter revenues reached $514 million, a 24% increase year-over-year.
Diluted EPS was reported at $1.30, compared to $0.90 for the same period last year.
Adjusted diluted EPS was $1.22, compared to $0.89 for the same period last year.
Corporate Finance revenues increased by 45%, Financial Restructuring revenues decreased by 5%, and Financial and Valuation Advisory revenues increased by 4%.
Houlihan Lokey is optimistic about the fiscal year due to continued improvements in M&A and capital markets activity, despite existing macro uncertainties.
Visualization of income flow from segment revenue to net income