secwatch.observer — SEC 8-K summary
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Issuer:     Moelis & Co (MC)
CIK:        0001596967
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000950170-22-021255
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moelis Q3 revenues down 55% YoY to $232.4M, diluted EPS $0.37 vs $1.77
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- Adjusted revenues $232.4M, down 55% vs record Q3 2021; GAAP revenues $233.5M.
- Adjusted diluted EPS $0.37, down from $1.77 in Q3 2021; GAAP net income $25.6M.
- Declared regular quarterly dividend of $0.60 per share, payable Dec 2, 2022 to record Nov 14.
- Repurchased 0.3M shares for $13.5M in Q3; YTD repurchases 3.2M shares for $146.3M.
- Added 25 Managing Directors YTD (6 since last release); $340.9M cash, no debt or goodwill.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596967/000095017022021255/0000950170-22-021255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596967/000095017022021255/mc-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021255

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer