---
schema_version: "secwatch.filing_event.v1"
accession: "0001302215-22-000073"
form_type: "8-K"
ticker: "HLI"
cik: "0001302215"
company_name: "HOULIHAN LOKEY, INC."
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:26:59.454756+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Houlihan Lokey Q2 rev $490M (-9% YoY); adj EPS $1.19; Corp Fin -19%; $0.53 dividend

## Summary
- Revenue $490M, down 9% YoY from $537M; GAAP diluted EPS $0.87 vs $1.65.
- Adjusted diluted EPS $1.19 vs $1.71; adjusted net income $83M vs $117M.
- Corporate Finance revenue $315M (-19% YoY); Financial Restructuring +17%, FVA +17% (second-best quarter ever).
- Declared Q3 FY2023 dividend of $0.53 per share.
- Management sees improving restructuring cycle and increasing deal closings in Corporate Finance.

## SEC filing metadata
- accession: 0001302215-22-000073
- form_type: 8-K
- ticker: HLI
- cik: 0001302215
- company_name: HOULIHAN LOKEY, INC.
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1302215/000130221522000073/0001302215-22-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1302215/000130221522000073/hli-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001302215-22-000073
- JSON: https://secwatch.observer/filing/0001302215-22-000073.json
- Plain text: https://secwatch.observer/filing/0001302215-22-000073.txt

## Key facts
- Earnings Releases
  HOULIHAN LOKEY, INC. reported the second quarter ended September 30, 2022 results: revenue $490 million, net income $61 million, EPS $0.87 per diluted share.
  - Period: the second quarter ended September 30, 2022
  - Revenue: $490 million
  - Net income: $61 million
  - EPS: $0.87 per diluted share
  - Result: reported results
  source text: For the second quarter ended September 30, 2022, revenues were $490 million, compared with $537 million for the second quarter ended September 30, 2021. Net income was $61 million, or $0.87 per diluted share, for the second quarter ended September 30, 2022, compared with $113 million, or $1.65 per diluted share, for the second quarter ended September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1302215/000130221522000073/0001302215-22-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.