secwatch.observer — SEC 8-K summary
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Issuer:     Moelis & Co (MC)
CIK:        0001596967
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0000950170-24-116651
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moelis Q3 adjusted EPS $0.22 vs -$0.15; revenue up 1% to $280.7M; declares $0.60 dividend
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- Q3 GAAP revenue $273.8M, adjusted $280.7M (+1% YoY); GAAP diluted EPS $0.22, adjusted $0.22.
- Nine-month adjusted revenue $762.8M (+18% YoY); adjusted diluted EPS $0.63 vs ($0.14) loss.
- Board declared $0.60/share quarterly dividend, payable Dec 2, record Nov 4.
- Cash & short-term investments $297.7M; no debt or goodwill on balance sheet.
- Year-to-date hired 8 managing directors (incl. a Biotech MD) and promoted 7 to MD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024116651/0000950170-24-116651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596967/000095017024116651/mc-20241023.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-116651

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