earnings
confidence high
sentiment positive
materiality 0.70
Hamilton Lane reports FY2023 revenue up 18% to $371.9M; AUM $111.9B; dividend raised 11%
Hamilton Lane INC
- GAAP EPS of $3.01 on net income of $109.1M for fiscal year ended March 31, 2023.
- Management and advisory fees grew 18% YoY to $371.9M; fee-earning AUM up 17% to $57.3B.
- Total AUM $111.9B, up 5% YoY; unrealized carried interest $1.0B, down 14% YoY.
- Quarterly dividend of $0.445 declared, payable July 7, 2023 to holders of record June 15, 2023.
- Target full-year dividend raised 11% to $1.78 per share.