Houlihan Lokey Inc Stock Price, News & Analysis

Houlihan Lokey, Inc. (NYSE:HLI) will release its first quarter results for fiscal 2022 on August 3, 2021, before market open. A conference call, featuring CEO Scott Beiser and CFO Lindsey Alley, will start at 8:00 a.m. ET to discuss the results and business performance. Analysts and investors can participate via phone or audio webcast, which is accessible on the company’s website. A replay of the call will be available after 11:00 a.m. ET on the same day until August 10, 2021.

Houlihan Lokey, Inc. (NYSE:HLI) has acquired Baylor Klein, a boutique advisory firm specializing in M&A and corporate finance advisory services, to enhance its Corporate Finance business in Europe. The acquisition was completed on July 8 and brings Baylor Klein's five advisory professionals to Houlihan Lokey's London office. This marks the sixth acquisition for Houlihan Lokey in Europe over six years. The firm has expanded its European workforce from 80 to over 260 professionals since 2014, strengthening its expertise in the household, beauty, and personal care sectors.

Houlihan Lokey (NYSE:HLI) announced that Walid Khiari has joined as a Managing Director in the TMT Group, focusing on software companies. Previously at Rothschild & Co., Khiari played a key role in launching their investment banking practice in Silicon Valley. His expertise is expected to enhance Houlihan Lokey's capabilities in the growing software market, particularly as digitization accelerates post-pandemic. The firm has a strong track record, being ranked the No. 1 advisor for U.S. transactions under $5 billion from 2018 to 2020.

Houlihan Lokey (NYSE:HLI) has appointed Sameer Shamsi as Managing Director and Head of Secondaries in its Private Funds Group, based in New York. Shamsi, previously with Credit Suisse, brings extensive experience in secondary advisory, having led various innovative transactions for alternative asset managers. His appointment aims to strengthen Houlihan Lokey's secondary market capabilities amid its growth. The firm has raised $8.2 billion in private placements since 2015 and is ranked highly in M&A and restructuring advisory.

Houlihan Lokey (NYSE:HLI) reported robust financial results for the fiscal year and Q4 ended March 31, 2021. Revenue surged 32% to a record $1.53 billion, with Q4 revenue up 65% to $501 million. Net income rose to $313 million ($4.55 per diluted share), a significant increase from $184 million ($2.80 per diluted share) in the previous year. Adjusted net income also climbed 51% to $317 million. Key drivers included increases in Corporate Finance revenues by 24%, Financial Restructuring by 52%, and Valuation Advisory by 17% for the fiscal year. A quarterly cash dividend of $0.43 was declared.

Houlihan Lokey (NYSE:HLI) announced the hire of Jonathan Guskind as Managing Director in the Healthcare Group, focusing on medical technology. Previously at Morgan Stanley, Guskind brings over a decade of experience in healthcare investment banking. His addition follows recent expansions in Houlihan Lokey's healthcare team, positioning the firm among the largest medtech-focused groups globally. The firm's Healthcare Group was ranked as the No. 1 M&A advisor for U.S. healthcare transactions under $1 billion in 2020, indicating its strong market presence and commitment to client success.

Houlihan Lokey (NYSE:HLI) has launched its European oil and gas sector coverage by hiring a seasoned team from BMO Capital Markets, led by Jeremy Low as Managing Director. The team, based in London, brings a wealth of experience, having advised on over $20 billion in M&A and raised over $3.8 billion in capital in the last four years. This expansion reflects Houlihan Lokey's strategic growth in corporate finance across seven industry sectors in Europe, building on recent acquisitions and sector-specific expertise.

Houlihan Lokey (NYSE:HLI) will announce its fiscal 2021 Q4 and full year results on May 11, 2021, post market close. CEO Scott Beiser and CFO Lindsey Alley will discuss performance on a conference call at 5:00 p.m. (ET), followed by a Q&A session. Investors can participate through a dedicated phone line or via an audio webcast on the company's website. A replay of the call will be available until May 18, 2021. The firm remains a leader in M&A and restructuring advisory, having achieved top rankings in transaction volume according to Refinitiv's data.