Moelis Earnings Reports

Moelis & Company reported strong Q4 2024 results with a 104% increase in revenues to $438.7 million compared to the prior year period. The firm reported a net income of $99.8 million, or $1.15 per share (diluted). On an adjusted basis, net income was $99.0 million, or $1.18 per share (diluted).

Moelis & Company reported third quarter GAAP revenues of $273.8 million. Adjusted revenues increased by 1% year-over-year to $280.7 million. The firm reported GAAP net income of $0.22 per share (diluted) and Adjusted net income of $0.22 per share (diluted).

Moelis & Company reported second quarter GAAP revenues of $264.6 million, a 45% increase compared to the prior year period. GAAP net income was $14.9 million, or $0.17 per share (diluted), compared to a net loss in the prior year period. The increase in revenue is attributed to higher transaction completions across all key products.

Moelis & Company reported a strong first quarter in 2024, with GAAP revenues of $217.5 million, a 17% increase compared to the previous year. The firm's GAAP net income was $17.5 million, resulting in earnings per share of $0.22. The company continues to execute its growth strategy, promoting advisory professionals and hiring managing directors in key sectors.

Moelis & Company reported a 6% increase in adjusted revenues for the fourth quarter of 2023, driven by higher fees from restructuring and capital markets transactions. However, the firm experienced a GAAP net loss of $6.5 million, or $0.08 per share, and an adjusted net loss of $4.8 million, or $0.06 per share.

Moelis & Company reported a revenue increase of 19% compared to the prior year period, driven by higher fees from restructuring and capital markets transactions. However, the firm experienced a net loss of $0.16 per share. The company continues to execute its growth strategy, launching a Clean Technology Group and hiring 24 managing directors year-to-date.

Moelis & Company reported a decrease in revenues and a net loss for the second quarter of 2023, driven by fewer transaction completions. The firm's GAAP revenues were $179.9 million, and the GAAP net loss was $0.17 per share.

Moelis & Company reported a decrease in revenues and net income for the first quarter of 2023 compared to the previous year. GAAP revenues were $187.8 million, and adjusted revenues were $185.3 million, a 38% decrease. Net income was $3.6 million, or $0.05 per share. The company continued to invest in talent, particularly in technology investment banking.

Moelis & Company reported a decrease in financial results for the second quarter of 2022, with GAAP revenues of $242.5 million and adjusted revenues of $237.4 million, a 34% decrease from the prior year period. GAAP net income was $0.56 per share (diluted) and adjusted net income was $0.57 per share (diluted). The decrease was primarily driven by fewer transaction completions compared to the second quarter of 2021.

Moelis & Company reported a record first quarter with GAAP revenues of $302.1 million, up 14% from the prior year, and adjusted revenues of $298.2 million, a 13% increase. The firm's GAAP net income was $0.94 per share (diluted), while adjusted net income was $0.95 per share (diluted). The company repurchased a record 2.0 million shares during the quarter and declared a regular quarterly dividend of $0.60 per share.

Moelis & Company reported a 1% increase in GAAP revenues to $425.0 million for Q4 2021, while adjusted revenues decreased by 1% to $417.3 million. GAAP net income was $1.41 per share, and adjusted net income was $1.42 per share.

Moelis & Company reported record third quarter revenues of $515.9 million, up 149% from the third quarter of 2020. Adjusted net income was $1.77 per share (diluted) for the third quarter. The company declared a special dividend of $2.50 per share in addition to a regular quarterly dividend of $0.60 per share.

Moelis & Company reported record second quarter revenues of $360.9 million, a 126% increase year-over-year. GAAP net income was $93.2 million, or $1.17 per share (diluted). The company increased its regular quarterly dividend by 9% to $0.60 per share and increased the share repurchase authorization by $100 million.

Moelis & Company reported record first quarter revenues of $263.9 million, a 72% increase from the same period in 2020. The firm's GAAP net income was $1.00 per share (diluted), and adjusted net income was $1.02 per share (diluted), including a $0.27 per share tax benefit. The company declared a special dividend of $2.00 per share in addition to its regular quarterly dividend of $0.55 per share.

Moelis & Company reported record fourth quarter revenues of $422.0 million, up 89% from the same period in 2019. GAAP net income was $1.97 per share (diluted), and adjusted net income was $1.99 per share (diluted). The company increased its regular quarterly dividend by 44% to $0.55 per share.

Moelis & Company reported a 10% decrease in third quarter revenues to $207.6 million compared to a record third quarter in 2019. GAAP net income was $0.54 per share (diluted), compared to $0.73 per share (diluted) in the prior year period. The firm declared a quarterly dividend of $0.3825 per share, a 50% increase from the second quarter of 2020.

Moelis & Company reported a 4% increase in revenues for the second quarter of 2020, reaching $159.9 million. However, the firm experienced a GAAP net loss of ($0.10) per share and an adjusted net loss of ($0.11) per share, compared to a net income of $0.54 and $0.56 respectively in the prior year period. The firm's strong balance sheet and strategic investments position it for future growth.

Moelis & Company reported first quarter revenues of $153.7 million, a 12% increase from the first quarter of 2019. GAAP net income was $30.1 million, or $0.44 per share (diluted), compared to $16.2 million, or $0.25 per share (diluted) in the prior year period. The firm's strong balance sheet includes cash and short term investments of $145.4 million with no debt or goodwill.

Moelis & Company reported a decrease in revenue and net income for the fourth quarter of 2019. Revenues decreased by 6% compared to the prior year period, while GAAP net income decreased by 52%. The company declared a special dividend of $0.75 per share and increased the regular quarterly dividend to $0.51 per share.