Moelis Q2 adjusted revenues up 45% to $264.6M; declares $0.60 dividend

Moelis & Co

Q2 adjusted revenue $264.6M, +45% YoY; adjusted EPS $0.18 vs ($0.04) loss last year.
H1 adjusted revenue $482.1M, +31% YoY; adjusted EPS $0.40 vs $0.02 prior year.
Declared regular quarterly dividend of $0.60/share, payable Sept 26 to holders of record Aug 5.
Cash and short-term investments $191.3 million, no funded debt or goodwill.
Hired three Managing Directors in Technology, Industrials, and Capital Structure Advisory.

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