Moelis & Company (MC) Declares $0.37 Quarterly Dividend; 3.6% Yield
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Moelis & Company Reports Second Quarter 2017 Financial Results; Quarterly Dividend of $0.37 Per Share
July 24, 2017 4:16 PM EDTRecord Second Quarter and First Half Revenues
Second quarter revenues of $172.1 million, up 31% from the second quarter of 2016; first half revenues of $345.4 million, up 34% from the same period of 2016 GAAP net income of $0.57 per share (diluted) for the second quarter and $1.04 per share (diluted) for the first half of 2017; Adjusted net income of $0.66 per share (diluted) and $1.20 per share (diluted) for the second quarter and first half of 2017 Continued to execute on organic growth strategy Announced two Managing Director hires in the U.S. to enhance... More