05:39 PM EDT, 07/24/2024 (MT Newswires) -- Moelis ( MC ) reported late Wednesday its Q2 swung to adjusted diluted earnings of $0.18 per share from a loss of $0.04 a year earlier.

Analysts polled by Capital IQ expected adjusted EPS of $0.10.

Revenue for the quarter ended June 30 was $264.6 million, up from $179.9 million a year earlier.

Analysts polled by Capital IQ expected $227.9 million.

The company said its board maintained the quarterly dividend at $0.60 per share, payable on Sept. 26 to stockholders of record on Aug. 5.

Price: 62.00, Change: -0.79, Percent Change: -1.26