secwatch.observer — SEC 8-K summary
======================================

Issuer:     PJT Partners Inc. (PJT)
CIK:        0001626115
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000950170-23-034213
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PJT Partners Q2 revenue record $346M, +49% YoY; adjusted EPS $0.99
------------------------------------------------------------------

- Q2 revenue $346M, +49% YoY; Advisory $324M (+73%) on restructuring strength.
- GAAP diluted EPS $0.86; adjusted EPS $0.99, both up 13-16% YoY.
- Placement revenue $20M (-60%) due to lower fund placement activity.
- Six-month revenue $546M (+14%); adjusted pretax income $86M (-18%) due to higher comp costs.
- 1.9M share equivalents repurchased YTD at avg $72.05; cash $226M, no debt; dividend $0.25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/0000950170-23-034213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1626115/000095017023034213/pjt-20230725.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-034213

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