Moelis Q3 Adjusted rev +19% to $277.7M but net loss $0.15/sh; declares $0.60 dividend

Moelis & Co

GAAP net loss $11.4M ($0.16/sh); Adjusted net loss $11.3M ($0.15/sh) vs net income $0.37/sh a year ago.
Adjusted revenues $277.7M, up 19% YoY, driven by restructuring and capital markets fee increases.
First nine months: Adjusted revenues $645.2M (-16% YoY); Adjusted net loss $0.14/sh excluding $10.4M SEC settlement.
Regular quarterly dividend $0.60/sh, payable Dec 22, 2023 to holders of record Nov 13, 2023.
Hired 24 MDs YTD (5 since last earnings); launched Clean Technology Group; $297.8M cash, no debt or goodwill.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Moelis & Co reported third quarter ended September 30, 2023 results: revenue $272.2 million, net income $0.16 per share for the third quarter of 2023, EPS $0.16 per share.

Period: third quarter ended September 30, 2023
Revenue: $272.2 million
Net income: $0.16 per share for the third quarter of 2023
EPS: $0.16 per share
Result: reported results

Exact text from the filing

99.1 Moelis & Company Reports Third Quarter and First Nine Months 2023 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share • Third quarter GAAP revenues of $272.2 million; third quarter Adjusted revenues of $277.7 million, up 19% from the prior year period • GAAP revenues for the first nine months of 2023 were $639.9 million; Adjusted revenues for

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Moelis & Co reported first nine months of 2023 results: revenue $639.9 million, net income $0.28 per share for the first nine months of 2023, EPS $0.28 per share.

Period: first nine months of 2023
Revenue: $639.9 million
Net income: $0.28 per share for the first nine months of 2023
EPS: $0.28 per share
Result: reported results

Exact text from the filing

GAAP revenues of $272.2 million; third quarter Adjusted revenues of $277.7 million, up 19% from the prior year period • GAAP revenues for the first nine months of 2023 were $639.9 million; Adjusted revenues for the first nine months of 2023 were $645.2 million, down 16% from the prior year period • GAAP net loss of $0.16 per share for the third quarter of 2023 and

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Moelis & Co filing history →

Source: SEC EDGAR

accession 0000950170-23-058231

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.