Hamilton Lane Q2 profit rises 31% to $55.0 million; revenue up 18%
Hamilton Lane Incorporated reported results for the fiscal second quarter ended September 30, 2024, in a press release furnished as Exhibit 99.1. Total revenues rose 18% to $150.0 million, management and advisory fees rose 10% to $119.8 million, and GAAP diluted EPS was $1.37 versus $1.11 a year earlier. The company also declared a quarterly dividend of $0.49 per share, payable January 7, 2025.
Key points
- Total revenues of $150.0 million, up 18% from $126.9 million; incentive fees of $30.2 million, up 71%
- GAAP net income attributable to Hamilton Lane of $55.0 million, up 31%; diluted EPS of $1.37 versus $1.11
- Non-GAAP EPS of $1.07, up 20%; Fee Related Earnings of $51.6 million, up 10%
- Quarterly dividend of $0.49 per share; record date December 16, 2024; payable January 7, 2025
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
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