---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-017811"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:36:45.985718+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lazard Q1 2024: record adjusted net revenue; EPS $0.66 vs $0.26 loss YoY

## Summary
- GAAP net revenue $765M (+41% YoY); adjusted net revenue $747M (+42% YoY).
- GAAP net income $36M ($0.35 diluted); adjusted net income $67M ($0.66 diluted).
- Financial Advisory adj. net revenue $447M (+63% YoY); Asset Management adj. net revenue $276M (+4%).
- AUM $250B (+8% YoY); issued $400M of 6.0% Senior Notes due 2031.
- Declared $0.50 quarterly dividend payable May 17; repurchased 0.6M shares at avg $38.97.

## SEC filing metadata
- accession: 0001628280-24-017811
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000162828024017811/0001628280-24-017811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000162828024017811/laz-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-017811
- JSON: https://secwatch.observer/filing/0001628280-24-017811.json
- Plain text: https://secwatch.observer/filing/0001628280-24-017811.txt

## Key facts
- Earnings Releases
  Lazard, Inc. reported first quarter ended March 31, 2024 results: revenue net revenue of $765 million and adjusted net revenue 1 of $747 million, net income net income was $36 million or $0.35 per share, diluted. Adjusted net income 2 was $67 million, or $0.66 per share, dilut.
  - Period: first quarter ended March 31, 2024
  - Revenue: net revenue of $765 million and adjusted net revenue 1 of $747 million
  - Net income: net income was $36 million or $0.35 per share, diluted. Adjusted net income 2 was $67 million, or $0.66 per share, dilut
  - Result: reported results
  source text: Advisory adjusted net revenue • Asset Management quarter end AUM increased 8% year-over-year NEW YORK, April 25, 2024 – Lazard, Inc. (NYSE: LAZ) today reported net revenue of $765 million and adjusted net revenue 1 of $747 million for the quarter ended March 31, 2024. On a U.S. GAAP basis, first-quarter 2024 net income was $36 million or $0.35 per share, diluted.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000162828024017811/0001628280-24-017811-index.htm

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