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Houlihan Lokey Fiscal Q2 Earnings, Revenue Rise; Shares Fall After Hours

MT Newswires Live05:01

Houlihan Lokey (HLI) reported fiscal Q2 adjusted earnings late Wednesday of $1.85 per diluted share, up from $1.84 a year earlier.

Analysts polled by FactSet expected $1.63.

Revenue for the quarter ended Sept. 30 rose to $692 million from $660 million a year earlier.

Analysts expected $625.9 million.

The company maintained its quarterly dividend at $0.70 a share, payable Dec. 15 to stockholders of record Dec. 1.

Houlihan Lokey shares fell 5.6% in after-hours trading.

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