Houlihan Lokey Inc (HLI) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

GuruFocus.com10-31

Total Revenue: $575 million, up 23% year-over-year. Adjusted Earnings Per Share (EPS): $1.46, up 32% year-over-year. Corporate Finance Revenue: $364 million, a 29% increase year-over-year. Financial ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479229917?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/bzNdpFTJXUpdN9x7M.GSlA--~B/aD0xMDU7dz0yNTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/9bef21b3acb03ff8677b8adb69f1c202","is_english":true,"pubTime":"2024-10-31 15:19","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2479229917","market":"us","top_or_hot":-1,"title":"Houlihan Lokey Inc (HLI) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...","media":"GuruFocus.com","content":"<div>\n<p>Total Revenue: $575 million, up 23% year-over-year.\nAdjusted Earnings Per Share (EPS): $1.46, up 32% year-over-year.\nCorporate Finance Revenue: $364 million, a 29% increase year-over-year.\nFinancial ...</p>\n\n<a href=\"https://finance.yahoo.com/news/houlihan-lokey-inc-hli-q2-071939091.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Houlihan Lokey Inc (HLI) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHoulihan Lokey Inc (HLI) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-31 15:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/houlihan-lokey-inc-hli-q2-071939091.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Total Revenue: $575 million, up 23% year-over-year.\nAdjusted Earnings Per Share (EPS): $1.46, up 32% year-over-year.\nCorporate Finance Revenue: $364 million, a 29% increase year-over-year.\nFinancial ...</p>\n\n<a href=\"https://finance.yahoo.com/news/houlihan-lokey-inc-hli-q2-071939091.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HLI","symbol_name":"华利安","start_time":0,"source_url":"https://finance.yahoo.com/news/houlihan-lokey-inc-hli-q2-071939091.html","article_id":"2479229917","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/bzNdpFTJXUpdN9x7M.GSlA--~B/aD0xMDU7dz0yNTA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/9bef21b3acb03ff8677b8adb69f1c202"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479229917","pubTimestamp":1730359179,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Adjusted Earnings Per Share : $1.46, up 32% year-over-year.Corporate Finance Revenue: $364 million, a 29% increase year-over-year.Financial Restructuring Revenue: $132 million, a 15% increase year-over-year.Financial and Valuation Advisory Revenue: $79 million, a 12% increase year-over-year.Adjusted Compensation Expenses: $354 million, with a compensation expense ratio of 61.5%.Adjusted Non-Compensation Expenses: $81 million, a 7% increase year-over-year, with an expense ratio of 14.1%.Adjusted Effective Tax Rate: 31.3%, up from 28.4% year-over-year.Unrestricted Cash and Equivalents: Approximately $748 million at quarter end.GuruFocus has detected 8 Warning Signs with HLI.Houlihan Lokey Inc  reported a 23% increase in revenues to $575 million and a 32% rise in adjusted earnings per share to $1.46 compared to the same period last year.Corporate Finance revenues increased by 29% year-over-year, driven by improvements in the M&A markets and strong new business generation.Financial Restruc","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HLI":"华利安"},"translate_title":"Houlihan Lokey Inc(HLI)2025年第二季度收益看涨期权亮点：强劲的收入增长和战略……","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HLI":1},"content_text":"Total Revenue: $575 million, up 23% year-over-year.\nAdjusted Earnings Per Share (EPS): $1.46, up 32% year-over-year.\nCorporate Finance Revenue: $364 million, a 29% increase year-over-year.\nFinancial Restructuring Revenue: $132 million, a 15% increase year-over-year.\nFinancial and Valuation Advisory Revenue: $79 million, a 12% increase year-over-year.\nAdjusted Compensation Expenses: $354 million, with a compensation expense ratio of 61.5%.\nAdjusted Non-Compensation Expenses: $81 million, a 7% increase year-over-year, with an expense ratio of 14.1%.\nAdjusted Effective Tax Rate: 31.3%, up from 28.4% year-over-year.\nUnrestricted Cash and Equivalents: Approximately $748 million at quarter end.\n\n\nWarning! GuruFocus has detected 8 Warning Signs with HLI.\n\nRelease Date: October 30, 2024\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.\n Positive Points \n\nHoulihan Lokey Inc (NYSE:HLI) reported a 23% increase in revenues to $575 million and a 32% rise in adjusted earnings per share to $1.46 compared to the same period last year.\nCorporate Finance revenues increased by 29% year-over-year, driven by improvements in the M&A markets and strong new business generation.\nFinancial Restructuring revenues rose by 15% year-over-year, with strong new business activity in both large cap and middle market opportunities.\nThe Financial and Valuation Advisory segment saw a 12% increase in revenues, supported by growth in non-cyclical business lines and a rebound in M&A-related services.\nThe company successfully integrated recent acquisitions, such as Triago and Prytania Solutions, enhancing its capabilities in private capital and tech-enabled valuation services.\n\n Negative Points \n\nDespite improvements, the transaction velocity in Corporate Finance remains slower than in previous recoveries, with longer timelines to close deals.\nInterest rates, although lower than recent peaks, remain high, posing challenges to clients' financial performance.\nGeopolitical volatility, including potential conflicts in the Middle East and Ukraine, and the upcoming U.S. presidential elections add complexity to the business outlook.\nThe adjusted effective tax rate increased to 31.3% from 28.4% in the same quarter last year, primarily due to higher state and foreign taxes.\nAdjusted non-compensation expenses rose by 7% year-over-year, impacting the overall expense ratio.\n\n Q & A Highlights \nQ: Can you discuss the outlook for Corporate Finance and any potential risks to seasonality in the fourth quarter? A: Scott Adelson, CEO, noted that Corporate Finance has been improving consistently, with more companies going to market. However, external factors like geopolitical conflicts and the U.S. election could impact this trend. The transaction closing period remains longer than usual but is gradually shortening.\nQ: Could you elaborate on the strategic rationale behind the Prytania Solutions acquisition? A: Scott Adelson, CEO, explained that Prytania Solutions enhances their portfolio valuation business with superior technology, particularly in structured products. The acquisition, based in the UK, also helps expand their business outside the U.S., offering potential synergies across other areas over time.\nQ: How should we view the contribution of the Capital Markets business to Corporate Finance, especially after recent acquisitions? A: J. Lindsey Alley, CFO, stated that the Capital Markets business typically contributes 15-20% of Corporate Finance revenues annually. Recent momentum in M&A and the integration of Triago support this range, depending on the pace of M&A recovery.\nQ: What is the impact of the current interest rate environment on restructuring opportunities? A: Scott Adelson, CEO, mentioned that the elevated interest rate environment continues to present restructuring opportunities due to many companies with distressed balance sheets. This trend is expected to persist, supporting their restructuring business.\nQ: How does the election impact your business, particularly with small businesses? A: Scott Adelson, CEO, noted that clients are not waiting for election outcomes to make decisions, continuing to engage in transactions. J. Lindsey Alley, CFO, added that their mid-cap focus and industry diversification mitigate regulatory pressures, with capital gains being a primary concern for clients.\nFor the complete transcript of the earnings call, please refer to the full earnings call transcript.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479229917"}