secwatch.observer — SEC 8-K summary
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Issuer:     Moelis & Co (MC)
CIK:        0001596967
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000950170-24-086055
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024086055/0000950170-24-086055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024086055/mc-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086055

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