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Houlihan Lokey Fiscal Q2 Adjusted Earnings, Revenue Rise
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Houlihan Lokey Fiscal Q2 Adjusted Earnings, Revenue Rise
Oct 31, 2024 6:21 AM

05:52 PM EDT, 10/30/2024 (MT Newswires) -- Houlihan Lokey ( HLI ) reported fiscal Q2 adjusted earnings late Wednesday of $1.46 per diluted share, up from $1.11 a year earlier.

Analysts polled by Capital IQ expected $1.31.

Revenue for the quarter ended Sept. 30 rose to $575 million from $467 million a year earlier.

Analysts surveyed by Capital IQ expected $537.6 million.

Separately, Houlihan Lokey ( HLI ) said it has acquired Prytania Solutions, which provides valuation and analytic services.

Financial terms of the deal weren't disclosed.

Price: 164.65, Change: -0.04, Percent Change: -0.02

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