Houlihan Lokey Inc Stock Price, News & Analysis

Houlihan Lokey (NYSE:HLI) announced that Howard Steinberg has joined as Managing Director and Global Head of Tax Restructuring within its Financial and Valuation Advisory business. Steinberg, with 33 years at KPMG, was the Global Head of Restructuring, Tax, and Legal. His expertise includes advising on significant M&A transactions and distressed situations. This leadership addition aims to strengthen Houlihan Lokey's M&A tax and restructuring advisory services, enhancing its offerings to global clients. Steinberg holds a B.A. from Wharton and an MBA from Columbia.

Rishi Aswani has joined Houlihan Lokey as a Managing Director in the firm’s Financial and Valuation Advisory (FVA) business in Mumbai. He will lead client services while enhancing FVA's capabilities in the region. Previously, Aswani was a Managing Director at Duff & Phelps, overseeing a team of over 40 professionals. His expertise and track record are expected to support Houlihan Lokey’s growth strategy in India and Asia. The firm is a leading global investment bank known for its M&A and valuation services.

Houlihan Lokey (HLI) reported strong fiscal year 2022 results with record revenues of $2.27 billion, a 49% increase from the prior year. Diluted EPS for FY 2022 reached $6.41, up from $4.55 year-over-year. The fourth quarter saw revenues of $471 million, a 6% decline compared to Q4 2021, with diluted EPS of $0.97. Adjusted EPS for the quarter was $1.30. The company announced a quarterly dividend increase to $0.53 and initiated a new $500 million share repurchase program. Despite a revenue drop in Q4, the overall fiscal year results reflect a successful growth trajectory.

D.A. Davidson has committed to enhancing its marketing and digital transformation efforts within its Investment Banking and Institutional Equities divisions. The firm has appointed Andreea Popa as the head of Equity Capital Markets Marketing to spearhead a strategic marketing plan aimed at growth across key industry verticals including consumer, diversified industrials, technology, and financial institutions. With over 20 years of experience, Popa will focus on increasing visibility and supporting business development initiatives.

Houlihan Lokey, Inc. (NYSE:HLI) plans to release its fourth quarter and full year results for fiscal 2022 on May 12, 2022, after market close. A conference call will be held at 5:00 p.m. ET to discuss the results, featuring insights from CEO Scott Beiser and CFO Lindsey Alley. The call will allow for a Q&A session with analysts and investors. Participants can join via phone or webcast, with an audio replay available until May 19, 2022. Houlihan Lokey is recognized as a leading investment bank in M&A and restructuring.

Daniel Klausner joins Houlihan Lokey as a Managing Director in its Capital Markets Group, focusing on U.S. public equity capital markets advisory. With over 30 years of experience, he previously led PwC's Capital Markets Advisory Group. Klausner's expertise is expected to significantly enhance Houlihan Lokey's growth in public equity advisory services. The Capital Markets Group, with around 75 professionals across multiple locations, raised over $15 billion globally for corporate clients in the last fiscal year.

Houlihan Lokey (NYSE:HLI) has successfully completed the rebranding of GCA Group in Japan and the Asia-Pacific region, integrating them under the Houlihan Lokey brand. This marks the final step in the firm's transformative acquisition of GCA, finalized in December 2021. The integration has strengthened collaboration and client focus, enhancing their corporate finance capabilities in Asia. Houlihan Lokey maintains its status as a leader in M&A transactions, having been ranked No. 1 in various categories globally.

Houlihan Lokey, Inc. (NYSE:HLI) reported strong third quarter fiscal 2022 revenues of $889 million, marking a 65% increase from $538 million in the previous year. The diluted EPS reached $2.54, up from $1.71 year-over-year, with adjusted EPS at $2.90. Corporate Finance revenues surged by 134% following the acquisition of GCA Corporation, while Financial Restructuring revenues fell by 50%. The company declared a $0.43 per share dividend for Q4 2022, reinforcing its commitment to returning value to shareholders.

Houlihan Lokey (NYSE:HLI) will release its third quarter results for fiscal 2022 on February 8, 2022, before market open. A conference call will follow at 8:00 a.m. ET to discuss the results, featuring CEO Scott Beiser and CFO Lindsey Alley. Participants can join by phone or via audio webcast available on the company's website. The call will include a Q&A session. A replay will be accessible until February 15, 2022, via provided dial-in numbers.