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Dec 31, 2021

Houlihan Lokey Q3 2022 Earnings Report

Reported financial results for the third quarter ended December 31, 2021.

Key Takeaways

Houlihan Lokey reported strong financial results for Q3 2022, with revenues of $889 million and diluted EPS of $2.54. The company highlighted its leading position in Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

Revenues for the third quarter fiscal 2022 were $889 million, compared to $538 million for the third quarter fiscal 2021.

Diluted EPS for the third quarter fiscal 2022 was $2.54, compared to $1.71 for the third quarter fiscal 2021.

Adjusted diluted EPS for the third quarter fiscal 2022 was $2.90, compared to $1.77 for the third quarter fiscal 2021.

The company announced a dividend of $0.43 per share for the fourth quarter fiscal 2022.

Total Revenue
$889M
Previous year: $538M
+65.2%
EPS
$2.9
Previous year: $1.77
+63.8%
CF Closed Transactions
238
Previous year: 121
+96.7%
FR Closed Transactions
21
Previous year: 44
-52.3%
FVA Fee Events
901
Previous year: 639
+41.0%
Gross Profit
$339M
Previous year: $198M
+71.3%
Cash and Equivalents
$1.06B
Previous year: $634M
+67.1%
Free Cash Flow
$547M
Previous year: $304M
+79.9%
Total Assets
$3.05B
Previous year: $2.12B
+43.7%

Houlihan Lokey

Houlihan Lokey

Houlihan Lokey 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