{"schema_version":"secwatch.filing_event.v1","accession":"0001302215-23-000013","form_type":"8-K","ticker":"HLI","cik":"0001302215","company_name":"HOULIHAN LOKEY, INC.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.320653+00:00","generated_at":"2026-06-15T05:59:43.443123+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Houlihan Lokey FY2023 revenue down 20% to $1.81B; EPS $3.98; raises dividend to $0.55","bullets":["FY2023 revenues $1.81B (-20% YoY); diluted EPS $3.98 vs $6.41; adjusted EPS $4.54 vs $7.10.","Q4 revenues $445M (-6% YoY); diluted EPS $1.10 vs $0.97; adjusted EPS $1.11 vs $1.30.","Corporate Finance segment revenue down 29% for FY; Financial Restructuring up 1%; FVA up 1%.","Board increased quarterly dividend to $0.55 per share from prior $0.42.","CEO sees strong new business in Corporate Finance and restructuring poised for growth in FY2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001302215-23-000013","json":"https://secwatch.observer/filing/0001302215-23-000013.json","markdown":"https://secwatch.observer/filing/0001302215-23-000013.md","text":"https://secwatch.observer/filing/0001302215-23-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1302215/000130221523000013/0001302215-23-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1302215/000130221523000013/hli-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T05:59:43.443123+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"103d51466226ee2993adadbdafcc36a527dd1261","claim":"HOULIHAN LOKEY, INC. reported the fourth quarter ended March 31, 2023 results: revenue $445 million, net income $75 million, EPS $1.10 per diluted share.","evidence_excerpt":"For the fourth quarter ended March 31, 2023, revenues declined (6)% to $445 million, compared with $471 million for the fourth quarter ended March 31, 2022. Net income was $269 million, or $3.98 per diluted share, for the fiscal year ended March 31, 2023, compared with $438 million, or $6.41 per diluted share, for the fiscal year ended March 31, 2022. Adjusted net income for the fiscal year ended March 31, 2023 was $315 million, or $4.54 per diluted share, compared with $485 million, or $7.10 per diluted share, for the fiscal year ended March 31, 2022. Net income was $75 million, or $1.10 per diluted share, for the fourth quarter ended March 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1302215/000130221523000013/0001302215-23-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended March 31, 2023"},{"label":"Revenue","value":"$445 million"},{"label":"Net income","value":"$75 million"},{"label":"EPS","value":"$1.10 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"58d45e60af528fe3aa0d34ade413098db51b6503","claim":"HOULIHAN LOKEY, INC. reported the fiscal year ended March 31, 2023 results: revenue $1.81 billion, net income $269 million, EPS $3.98 per diluted share.","evidence_excerpt":"For the fiscal year, revenues declined (20)% to $1.81 billion, compared with $2.27 billion for the fiscal year ended March 31, 2022. For the fourth quarter ended March 31, 2023, revenues declined (6)% to $445 million, compared with $471 million for the fourth quarter ended March 31, 2022. Net income was $269 million, or $3.98 per diluted share, for the fiscal year ended March 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1302215/000130221523000013/0001302215-23-000013-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$1.81 billion"},{"label":"Net income","value":"$269 million"},{"label":"EPS","value":"$3.98 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}