PJT Partners Inc. reported a record first quarter in 2022, with total revenues of $246 million, up 19% from the previous year. The company's GAAP pretax income was $50 million, and adjusted pretax income was $56 million, representing increases of 14% and 13%, respectively. Earnings per share were $1.00 on both a diluted GAAP and adjusted, if-converted basis.
Total Revenues increased 19% year-over-year to $246 million.
GAAP Pretax Income increased 14% year-over-year to $50 million.
Earnings Per Share of $1.00 on both Diluted GAAP and Adjusted, If-Converted basis
The Board authorized a $200 million repurchase program of the Company’s Class A common stock.
Company expects a strong performance for the year, and all businesses are well positioned to serve clients.
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