Moelis & Co Stock Price, News & Analysis

Moelis & Company (NYSE: MC) announced it will release its fourth quarter and full year 2022 financial results after market close on February 8, 2023. The results will be reviewed in a conference call at 5:00 PM ET on the same day, hosted by Chairman Ken Moelis and CFO Joe Simon. Interested participants can join via phone or listen to the webcast on the company's website. A replay will be available for one month after the call. Moelis & Company offers independent financial advisory services globally, assisting clients with mergers, acquisitions, capital markets transactions, and more.

Moelis & Company (NYSE: MC) announced the appointment of Laila J. Worrell to its Board of Directors, effective January 1, 2023. Ms. Worrell brings extensive experience as CEO at Altran Americas and as COO and CEO of KKR-owned Aricent. She has held senior advisory roles for major private equity firms and is currently an Executive Fellow at Harvard Business School. Worrell’s addition marks the fourth independent director on Moelis & Company’s Board, enhancing its expertise in technology, media, and business services.

Moelis & Company (NYSE: MC), a prominent independent investment bank, announced that Ken Moelis, Chairman and CEO, will speak at the Goldman Sachs US Financial Services Conference on Tuesday, December 6 at 1:40 p.m. Eastern Time. The presentation, along with a live webcast, will be accessible on the company’s website. A replay will be available for 90 days post-conference.

Moelis provides innovative financial advisory services across sectors, assisting corporate and government clients in critical decision-making processes such as mergers and acquisitions and capital market transactions.

Moelis & Company (NYSE: MC) reported Q3 2022 GAAP revenues of $233.5 million, a 55% decline from the previous year, with Adjusted revenues at $232.4 million. For the first nine months, GAAP revenues were $778.1 million, down 33%. The GAAP net income for Q3 was $25.6 million or $0.37 per share, significantly lower than $120.3 million or $1.76 per share a year prior. The firm maintains a robust balance sheet with $340.9 million in cash and no debt, and continues its organic growth strategy, adding 25 Managing Directors year-to-date.

Moelis & Company (NYSE: MC) plans to release its third quarter 2022 financial results on November 2, 2022, after market close. Following the release, a conference call led by Chairman and CEO Ken Moelis and CFO Joe Simon will take place at 5:00 PM ET to discuss the results, accompanied by a Q&A session. Investors can join the call via phone or listen through a webcast on the Moelis website. A replay will be available for one month.

Moelis & Company (NYSE: MC) reported second quarter 2022 GAAP revenues of $242.5 million, a 34% decline year-over-year, with Adjusted revenues at $237.4 million. First half revenues also fell 14% to $544.6 million. GAAP net income for Q2 was $39.0 million or $0.56 per share, down from $90.0 million or $1.19 in the same period last year. The firm maintains a robust balance sheet with $276.6 million in cash and no debt. They repurchased 0.8 million shares in Q2 at a cost of $34.9 million and declared a quarterly dividend of $0.60 per share.

Moelis & Company (NYSE: MC) has announced the launch of its Global Blockchain Group, aimed at providing specialized advisory services to blockchain and Web3 companies. The group will be led by John Momtazee, Co-Founder and Global Head of Media Investment Banking, with support from Lou Kerner, appointed as Senior Advisor. The initiative reflects the firm’s commitment to capitalize on the growing blockchain market, which raised nearly $20 billion last year. The establishment is viewed as pivotal for long-term blockchain development amidst current market volatility.

Moelis & Company (NYSE: MC) will announce its Q2 2022 financial results post-market on July 27, 2022. A conference call, hosted by CEO Ken Moelis and CFO Joe Simon, will take place at 5:00 PM ET on the same day. The session will include a Q&A segment. Investors can join the live call by dialing 1-844-200-6205 (domestic) or 1-929-526-1599 (international), using access code 512015. A replay will be available post-call for one month. For more information, visit www.moelis.com.

Moelis & Company (NYSE: MC) announced that Navid Mahmoodzadegan, Co-President, will speak at the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 13 at 9:30 AM ET. The event will be streamed live on the Moelis & Company Investor Relations website, with a replay available for 90 days.

Moelis & Company is a global independent investment bank offering strategic advice and solutions across various sectors, including mergers, capital markets transactions, and corporate finance.