Articles from Moelis & Company

Moelis & Company (NYSEMC) today reported financial results for the fourth quarter and full year ended December 31, 2024. The Firm's fourth quarter revenues were $438.7 million and represented an increase of 104% from the prior year period. The Firm reported fourth quarter GAAP net income of $99.8 million, or $1.15 per share (diluted). On an Adjusted basis, the Firm reported net income of $99.0 million and $1.18 per share (diluted) for the fourth quarter of 2024, as compared with a net loss of $4.8 million, or ($0.06) per share, in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Matt Wesley will be joining the Firm as Global Head of Private Funds Advisory (PFA). This strategic hire underscores the Firm’s commitment to expanding its capabilities in providing private capital solutions to financial sponsors and limited partners globally.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 5, 2025.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Tuesday, December 10th at 1:00p.m. Eastern Time.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended September 30, 2024. The Firm's third quarter GAAP revenues were $273.8 million as compared with $272.2 million in the prior year period. On an Adjusted basis, the Firm’s third quarter revenues of $280.7 million increased 1% from the prior year period. The Firm reported third quarter GAAP net income of $19.2 million, or $0.22 per share (diluted). On an Adjusted basis, the Firm reported net income of $18.6 million and $0.22 per share (diluted) for the third quarter of 2024, which compares with a net loss of $11.3 million, or ($0.15) per share, in the prior year period. GAAP and Adjusted net income in the third quarter of 2024 include net tax benefits of approximately $0.01 per share (diluted) related to the settlement of share-based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its third quarter 2024 financial results after the market closes on Wednesday, October 23rd, 2024.

Moelis (NYSEMC), a leading global independent investment bank, today announced the appointment of Dr. Louise Mirrer to its Board of Directors, effective September 17, 2024.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended June 30, 2024. The Firm's second quarter GAAP revenues were $264.6 million as compared with $179.9 million in the prior year period. On an Adjusted basis, the Firm’s second quarter revenues of $264.6 million increased 45% from the prior year period. The Firm reported second quarter GAAP net income of $14.9 million, or $0.17 per share (diluted). On an Adjusted basis, the Firm reported net income of $14.5 million and $0.18 per share (diluted) for the second quarter of 2024, which compares with a net loss of $2.6 million, or ($0.04) per share, in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its second quarter 2024 financial results after the market closes on Wednesday, July 24th, 2024.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended March 31, 2024. The Firm's first quarter GAAP revenues were $217.5 million as compared with $187.8 million in the prior year period. On an Adjusted basis, the Firm’s first quarter revenues of $217.5 million increased 17% from the prior year period. The Firm reported GAAP net income of $17.5 million and $0.22 per share (diluted) for the first quarter of 2024. On an Adjusted basis, the Firm reported net income of $18.3 million and $0.22 per share (diluted) for the first quarter of 2024, which compares with net income of $3.8 million and $0.05 per share (diluted) in the prior year period. GAAP and Adjusted net income for the first quarter of 2024 include net tax benefits of approximately $0.14 per share (diluted) related to the settlement of share-based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024.

Moelis (NYSEMC), a leading global independent investment bank, today announced that it has appointed Stephen Trauber as Chairman and Global Head of Energy and Clean Technology. Based in Houston, Steve will lead the Firm’s global efforts in this space, building on the strength of its U.S. Energy business, led by David Cunningham, and its deep expertise across the Middle East and Europe. His arrival further expands the Firm’s offerings and relationships across energy services, upstream, midstream and energy infrastructure, electrification, mobility, sustainability, LNG and natural gas, among other sub-sectors.

Moelis & Company (NYSEMC) today reported financial results for the fourth quarter and full year ended December 31, 2023. The Firm's fourth quarter GAAP revenues were $214.9 million as compared with $207.2 million in the prior year period. On an Adjusted basis, the Firm’s fourth quarter revenues of $214.9 million increased 6% from the prior year period. The Firm reported a GAAP net loss of $6.5 million and $0.08 per share for the fourth quarter of 2023. On an Adjusted basis, the Firm reported a net loss of $4.8 million and $0.06 per share for the fourth quarter of 2023, which compares with net income of $25.2 million and $0.33 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, February 7, 2024.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Wednesday, December 6th at 1:40p.m. Eastern Time.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended September 30, 2023. The Firm's third quarter GAAP revenues were $272.2 million as compared with $233.5 million in the prior year period. On an Adjusted basis, the Firm’s third quarter revenues of $277.7 million increased 19% from the prior year period. The Firm reported a GAAP net loss of $11.4 million and $0.16 per share for the third quarter of 2023. On an Adjusted basis, the Firm reported a net loss of $11.3 million and $0.15 per share for the third quarter of 2023, which compares with net income of $27.9 million and $0.37 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its third quarter 2023 financial results after the market closes on Thursday, November 2, 2023.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the formation of its Clean Technology Group and the appointment of Arash Nazhad as a Managing Director in Houston to co-lead the new group.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended June 30, 2023. The Firm's second quarter GAAP revenues were $179.9 million as compared with $242.5 million in the prior year period. On an Adjusted basis, the Firm’s second quarter revenues of $182.2 million decreased 23% from the prior year period. The Firm reported a GAAP net loss of $13.2 million and $0.17 per share for the second quarter of 2023. On an Adjusted basis, the Firm reported a net loss of $2.6 million and $0.04 per share for the second quarter of 2023, which compares with net income of $43.2 million and $0.57 per share (diluted) in the prior year period. Adjusted net loss for the second quarter of 2023 excludes $10.4 million of expense related to an agreement in principle with the staff of the U.S. Securities and Exchange Commission (the "SEC") to resolve an investigation of our practices relating to recordkeeping of business communications on messaging applications (the "Settlement"). The Settlement will include a civil penalty of $10.0 million and we have incurred $0.4 million of related expenses. The Settlement is subject to approval by the SEC.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its second quarter 2023 financial results after the market closes on Wednesday, July 26th, 2023.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Navid Mahmoodzadegan, Co-President, is scheduled to speak at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Wednesday, June 14th at 10:15am Eastern Time.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the results of its 2nd ‘Private Markets Insights’ survey of Limited Partners (LPs) and General Partners (GPs). This edition aims to assess the current private equity (PE) fundraising landscape with an emphasis on Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) initiatives.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended March 31, 2023. The Firm's first quarter GAAP revenues were $187.8 million as compared with $302.1 million in the prior year period. On an Adjusted basis, the Firm’s first quarter revenues of $185.3 million decreased 38% from the prior year period. The Firm reported first quarter 2023 GAAP net income of $3.6 million and $0.05 per share (diluted). On an Adjusted basis, the Firm reported net income of $3.8 million and $0.05 per share (diluted) for the first quarter of 2023, which compares with net income of $73.0 million and $0.95 per share (diluted) in the prior year period. GAAP and Adjusted net income for the first quarter of 2023 include net tax benefits of approximately $0.05 per share related to the settlement of share-based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the expansion of its technology investment banking franchise with the appointment of Jason Auerbach as the Global Head of Technology Investment Banking, as well as the hiring of 10 additional Managing Directors. These senior hires have joined the Firm in New York, San Francisco, and Boston, expanding the breadth and depth of Moelis’s technology sector coverage and building on its core capabilities. Together with the Firm’s existing technology team, Moelis now has 25 technology-focused MDs globally and has doubled the size of its team.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the appointment of Elizabeth Crain to Vice Chair and the promotion of Kate Pilcher Ciafone to Chief Operating Officer (COO), both effective October 1, 2023.

Moelis & Company (NYSEMC) today reported financial results for the fourth quarter and full year ended December 31, 2022. The Firm's fourth quarter GAAP revenues were $207.2 million as compared with $425.0 million in the prior year period. On an Adjusted basis, the Firm’s fourth quarter revenues of $202.1 million decreased 52% from the prior year period. The Firm reported fourth quarter 2022 GAAP net income of $22.7 million, or $0.28 per share (diluted). On an Adjusted basis, the Firm reported net income of $25.2 million or $0.33 per share (diluted) for the fourth quarter of 2022, which compares with net income of $109.4 million or $1.42 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its fourth quarter and full year 2022 financial results after the market closes on Wednesday, February 8th, 2023.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the appointment of Laila J. Worrell to its Board of Directors, effective January 1, 2023.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Tuesday, December 6th at 1:40p.m. Eastern Time.

Moelis & Company (NYSEMC) today reported financial results for the third quarter ended September 30, 2022. The Firm's third quarter 2022 GAAP revenues were $233.5 million as compared with $490.8 million in the prior year period. On an Adjusted basis, the Firm’s third quarter revenues of $232.4 million decreased 55% from a record prior year period. The Firm reported third quarter 2022 GAAP net income of $25.6 million, or $0.37 per share (diluted). On an Adjusted basis, the Firm reported net income of $27.9 million or $0.37 per share (diluted) for the third quarter of 2022, which compares with net income of $134.8 million or $1.77 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its third quarter 2022 financial results after the market closes on Wednesday, November 2nd, 2022.

Moelis & Company (NYSEMC) today reported financial results for the second quarter ended June 30, 2022. The Firm's second quarter 2022 GAAP revenues were $242.5 million as compared with $360.9 million in the prior year period. On an Adjusted basis, the Firm’s second quarter revenues of $237.4 million decreased 34% from a record in the prior year period. The Firm reported second quarter 2022 GAAP net income of $39.0 million, or $0.56 per share (diluted). On an Adjusted basis, the Firm reported net income of $43.2 million or $0.57 per share (diluted) for the second quarter of 2022, which compares with net income of $90.0 million or $1.19 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the launch of its Global Blockchain Group which will provide bespoke advisory services to both corporations utilizing blockchain as well as emerging and leading blockchain companies, including those seeking to build a presence in Web3.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its second quarter 2022 financial results after the market closes on Wednesday, July 27th, 2022.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Navid Mahmoodzadegan, Co-President, is scheduled to speak at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Monday, June 13th at 9:30am Eastern Time.

Moelis & Company (NYSEMC) today reported financial results for the quarter ended March 31, 2022. The Firm's first quarter 2022 GAAP revenues were $302.1 million as compared with $263.9 million in the prior year period. On an Adjusted basis, the Firm’s first quarter revenues of $298.2 million increased 13% over the prior year period and represented our strongest first quarter of revenues on record. The Firm reported first quarter 2022 GAAP net income of $73.6 million, or $0.94 per share (diluted). On an Adjusted basis, the Firm reported net income of $73.0 million or $0.95 per share (diluted) for the first quarter of 2022, which compares with $76.2 million of net income or $1.02 per share (diluted) in the prior year period. GAAP and Adjusted net income for the first quarter of 2022 include net tax benefits of $0.12 per share related to the settlement of share based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its first quarter 2022 financial results after the market closes on Wednesday, April 27th, 2022.

Moelis & Company (NYSEMC) today reported financial results for the year ended December 31, 2021. The Firm's fiscal year 2021 GAAP revenues were $1,540.6 million as compared with $943.3 million in the prior year period. Fiscal year 2021 Adjusted revenues were $1,558.0 million as compared with Adjusted revenues of $943.3 million in the prior year, or an increase of 65% and our largest annual revenues on record. GAAP net income for the year was $423.0 million, or $5.34 per share (diluted), as compared with $218.4 million or $2.95 per share in the prior year. On an Adjusted basis, the Firm reported net income of $410.3 million for fiscal year 2021 as compared with $209.1 million in the prior year. On a per share basis, the Firm reported a record Adjusted net income of $5.40 per share (diluted) in 2021, up 86% from the $2.91 per share (diluted) reported in the prior year. GAAP and Adjusted net income in the fiscal year 2021 include net tax benefits of $0.26 per share and $0.27 per share, respectively, related to the settlement of share-based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its full year and fourth quarter 2021 financial results after the market closes on Wednesday, February 9th, 2022.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced that Ken Moelis, Chairman and Chief Executive Officer, is scheduled to speak at the Goldman Sachs US Financial Services Conference on Wednesday, December 8 at 2:20 p.m. Eastern Time.

Moelis & Company (NYSEMC) today reported financial results for the third quarter ended September 30, 2021. On a GAAP basis, the Firm reported revenues of $490.8 million during the third quarter of 2021. We achieved record Adjusted revenues of $515.9 million during the third quarter of 2021, as compared with GAAP and Adjusted revenues of $207.6 million in the prior year period, or an increase of 149%. This represents our largest quarter of revenues in the Firm’s history. The Firm reported third quarter 2021 GAAP net income of $140.5 million, or $1.76 per share (diluted). On an Adjusted basis, the Firm reported net income of $134.8 million or $1.77 per share (diluted) for the third quarter of 2021, which compares with net income of $39.1 million, or $0.54 per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its third quarter 2021 financial results after the market closes on Wednesday, October 27th, 2021.

Moelis & Company (NYSEMC) today reported financial results for the second quarter ended June 30, 2021. The Firm’s second quarter revenues of $360.9 million increased 126% over the prior year period and represented our second largest quarter of revenues ever. The Firm reported second quarter 2021 GAAP net income of $93.2 million, or $1.17 per share (diluted). On an Adjusted basis, the Firm reported net income of $90.0 million or $1.19 per share (diluted) for the second quarter of 2021, which compares with a net loss of ($7.4) million or ($0.11) per share (diluted) in the prior year period.

Moelis & Company (NYSEMC), a leading global independent investment bank, today announced the appointment of Melissa Mariaschin as a Managing Director. She will join the firm’s New York office beginning in early September and will lead its distribution efforts as part of the firm’s Capital Solutions Group.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its second quarter 2021 financial results after the market closes on Wednesday, July 21st, 2021.

Moelis & Company (NYSEMC) today reported financial results for the first quarter ended March 31, 2021. The Firm’s first quarter revenues of $263.9 million increased 72% over the prior year period and represented our second largest quarter of revenues ever. The Firm reported first quarter 2021 GAAP net income of $75.8 million, or $1.00 per share (diluted). On an Adjusted basis, the Firm reported net income of $76.2 million or $1.02 per share (diluted) for the first quarter of 2021, which compares with $31.3 million of net income or $0.45 per share (diluted) in the prior year period. GAAP and Adjusted net income for the first quarter of 2021 include net tax benefits of $0.26 per share and $0.27 per share, respectively, related to the settlement of share based awards.

Moelis & Company (NYSEMC), a leading global independent investment bank, will release its first quarter 2021 financial results after the market closes on Wednesday, April 28th, 2021.