Perella Weinberg Q2 revenues $157M (+1% YoY); adj. EPS $0.20; backlog up; Gleacher Shacklock acquisition on track

Perella Weinberg Partners

Q2 revenues $157M, up 1% YoY; GAAP pre-tax income $6M, adjusted pre-tax income $27M.
GAAP diluted EPS $0.06, adjusted EPS $0.20.
First half revenues $305M, down 17% YoY; GAAP pre-tax loss $(5)M, adjusted pre-tax income $23M.
Year-to-date added 10 partners and 11 managing directors; 6 more partners and 3 MDs to join soon.
Declared quarterly dividend $0.07/share; year-to-date returned $73M to equity holders; retired >2M shares.

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