secwatch.observer — SEC 8-K summary
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Issuer:     Moelis & Co (MC)
CIK:        0001596967
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0001193125-21-220632
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moelis Q2 rev $360.9M (+126% YoY), GAAP EPS $1.17, adj EPS $1.19, div $0.60, $100M buyback
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- Q2 2021 revenue $360.9M (+126% YoY), GAAP net income $93.2M ($1.17 diluted EPS) vs ($0.10) loss prior year.
- Adjusted net income $90.0M ($1.19 diluted EPS); adjusted pre-tax margin 34% vs (11%) prior year period.
- Quarterly dividend increased 9% to $0.60/share, payable Sept 17, 2021, record date Aug 2, 2021.
- Board authorized additional $100M share repurchase; H1 2021 repurchased 1.8M shares for $95.9M.
- Balance sheet: $280.7M cash, zero debt or goodwill; added 11 Managing Directors year-to-date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596967/000119312521220632/0001193125-21-220632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596967/000119312521220632/d159745d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-220632

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