PJT Partners reported record first quarter revenues of $329 million, a 65% increase year-over-year. GAAP diluted EPS increased by 82% to $1.22, and adjusted EPS increased by 81% to $0.98. The company repurchased 1.5 million shares and share equivalents and held $236 million in cash, cash equivalents, and short-term investments with no funded debt.
Record first quarter revenues of $329 million, up 65% year-over-year.
GAAP diluted EPS of $1.22, an increase of 82% year-over-year.
Adjusted EPS of $0.98, an increase of 81% year-over-year.
Ended the quarter with $236 million in cash, cash equivalents, and short-term investments and no funded debt.
PJT Partners did not provide specific forward guidance in this earnings report.
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