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AI brief of an SEC Form 8-K · Moelis & (MC)

Moelis Q2 revenue rises 47% to $264.6 million; net income $0.17 per share

Positive Impact 4 of 5 earnings Written later

Moelis & Company reported second-quarter 2024 results, with GAAP revenue up 47% to $264.6 million and GAAP net income attributable to the company of $13.2 million, compared with a loss a year earlier. The firm also declared a $0.60 per share quarterly dividend and reported $191.3 million in cash and liquid investments with no funded debt. The company notes that revenue and net income can fluctuate materially with the number, size and timing of completed transactions.

Key points

  • Second-quarter GAAP revenue was $264.6 million, compared with $179.9 million a year earlier; adjusted revenue rose 45%.
  • GAAP diluted earnings were $0.17 per share, compared with a loss of $0.17 per share in Q2 2023; adjusted diluted earnings were $0.18 per share.
  • Quarterly dividend of $0.60 per share, payable September 26, 2024, to holders of record on August 5, 2024.
  • Cash and short-term investments of $191.3 million as of June 30, 2024, with no debt or goodwill.

The filing

CompanyMoelis & (MC)
Form8-K, current report
Filed with the SECJul 24, 2024, 4:15 PM ET
Accession number0000950170-24-086055

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 July 24, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.