Houlihan Lokey Q3 2021 Earnings Report
Key Takeaways
Houlihan Lokey reported record financial results for the third quarter of fiscal year 2021, with revenues reaching $538 million and diluted EPS of $1.71. The company saw significant growth in all three business segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Board of Directors also announced a dividend of $0.33 per share and an increase in the share repurchase program to $200 million.
Houlihan Lokey's Q3 2021 revenues reached $538 million, a significant increase from $334 million in Q3 2020.
Diluted EPS for Q3 2021 was $1.71, compared to $0.75 in Q3 2020.
The company's Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory segments all experienced substantial revenue growth.
Houlihan Lokey increased its share repurchase program to $200 million and declared a dividend of $0.33 per share.
Houlihan Lokey
Houlihan Lokey
Houlihan Lokey Revenue by Segment
Forward Guidance
The company expects the COVID-19 pandemic to continue to have an effect on our business, revenues, and operating results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income