Welcome to our dedicated page for Houlihan Lokey news (Ticker: HLI), a resource for investors and traders seeking the latest updates and insights on Houlihan Lokey stock.
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank whose news flow reflects its activity in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Company announcements frequently highlight advisory mandates, senior hires across sector and regional teams, and updates on its position in the M&A and restructuring markets.
Investors and market followers tracking HLI news can expect regular updates on quarterly and fiscal results, typically released via earnings press releases and accompanying conference calls. These releases include segment-level information for Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory, as well as commentary on market conditions and business performance.
News items also cover the firm’s expansion of sector and product capabilities. Recent communications describe additions to the Industrials Group, Consumer Group, Capital Solutions Group, and Financial Sponsors Group, often focused on specific subsectors such as aerospace and defense, active lifestyle and luxury goods, infrastructure debt advisory, and equity capital solutions. These stories provide insight into how Houlihan Lokey builds its global platform and deepens coverage in key markets.
Another theme in Houlihan Lokey’s news is the development of data and analytics offerings, such as the Houlihan Lokey Private Credit DataBank, which reflects the firm’s use of portfolio valuation work to create proprietary datasets for private credit participants.
For readers interested in HLI, the news stream offers a view into the firm’s advisory activity, strategic hires, product launches, and financial reporting. Monitoring this page can help users follow how Houlihan Lokey positions itself across M&A, capital solutions, restructuring, and valuation advisory on a global basis.
Houlihan Lokey (NYSE:HLI) has announced the appointment of Samrat Karnik as a Managing Director in its Industrials Group, enhancing its expertise in industrial technologies, particularly in automation and water solutions. Karnik brings significant experience from his previous roles, including Co-Head at Capstone Partners and Vice President at Duff & Phelps. The firm continues to lead in M&A advisory within the U.S. industrial sector, recognized as the No. 1 advisor for 2021 according to Refinitiv.
Zukin Certification Services (ZCS) has launched the Zukin Reasonable Basis Review (Zukin RBR) to provide independent financial due diligence for SPACs. This new service aims to assist SPAC sponsors in complying with SEC guidelines issued on March 30, 2022, enhancing disclosure and investor protection for financial projections. ZCS, founded by Jim Zukin, offers expert reviews of target companies' financial projections and assumptions, promoting investor confidence. The service includes a report for SPAC Boards, ensuring a robust third-party review process.
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 location value="LU/in..bombay" idsrc="xmltag.org" 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.