Houlihan Lokey Fiscal Q4 Adjusted Earnings, Revenue Rise; Dividend Boosted

MT Newswires Live
05-08

Houlihan Lokey (HLI) reported fiscal Q4 adjusted earnings late Wednesday of $1.96 per diluted share, up from $1.27 a year earlier.

Analysts polled by FactSet expected $1.62.

Revenue in the three months ended March rose to $666.4 million from $520.5 million a year earlier.

Analysts surveyed by FactSet expected $628.3 million.

The company increased its quarterly dividend by $0.03 to $0.60 a share, payable June 15 to holders of record June 2.

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