secwatch.observer — SEC 8-K summary
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Issuer:     Moelis & Co (MC)
CIK:        0001596967
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000950170-24-047597
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moelis Q1 revenues $217.5M, up 17% YoY; EPS $0.22 including $0.14 tax benefit
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- GAAP revenues $217.5M (up 16% YoY); adjusted revenues $217.5M (up 17% YoY).
- GAAP net income $17.5M ($0.22 diluted EPS); adjusted net income $18.3M ($0.22 diluted EPS).
- Declares quarterly dividend of $0.60 per share payable June 20, 2024 to holders of record May 6, 2024.
- Hired four Managing Directors (three in Energy, one for credit funds); promoted seven to MD.
- Balance sheet: $124.9M cash, no debt or goodwill.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024047597/0000950170-24-047597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024047597/mc-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-047597

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