Moelis Q3 revenue up 1% to $280.7 million adjusted; net income $19.2 million
Moelis & Company reported third quarter 2024 results, with GAAP revenues of $273.8 million and GAAP net income of $19.2 million, or $0.22 per diluted share, compared with a GAAP net loss of $11.4 million in the prior-year quarter. The company also declared a regular quarterly dividend of $0.60 per share, which shareholders of record on November 4, 2024 will receive on December 2, 2024.
Key points
- Third quarter GAAP revenues were $273.8 million, up from $272.2 million a year earlier; adjusted revenues were $280.7 million, up 1%
- GAAP net income was $19.2 million, or $0.22 per diluted share, versus a net loss of $11.4 million in Q3 2023
- First nine months 2024 GAAP revenues were $755.8 million; adjusted revenues rose 18% from the prior-year period
- Quarterly dividend of $0.60 per share, payable December 2, 2024 to holders of record on November 4, 2024
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 October 23, 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.