Every material Form 8-K PJT Partners filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
PJT Partners reported third-quarter 2023 revenue of $278 million, up 5% from a year earlier, driven by higher advisory revenue. GAAP diluted earnings per share fell to $0.68 from $0.82, and placement revenue dropped 33%, so profit moved in the opposite direction from revenue.
Q3 2023 total revenues were $278 million, up 5% from $266 million; advisory revenues rose 9% to $244 million while placement revenues fell 33% to $27 million.
GAAP diluted EPS was $0.68 versus $0.82 a year earlier; adjusted EPS was $0.78 versus $0.96.
Nine-month revenues were a record $825 million, up 11%, while nine-month GAAP diluted EPS was $2.20 versus $2.56.
As of September 30, 2023, the company held $355 million in cash, cash equivalents and short-term investments with no funded debt; the board declared a $0.25 quarterly dividend payable December 20, 2023.
PJT Partners reported second-quarter 2023 revenue of $346 million, up 49% from a year earlier, and GAAP diluted EPS of $0.86 versus $0.74. For the first six months, revenue rose 14% to $546 million, but GAAP diluted EPS fell 12% to $1.53, as compensation and non-compensation expenses increased. The Board declared a $0.25 quarterly dividend, and the company held $226 million in cash with no funded debt as of June 30, 2023.
Q2 2023 revenue of $346 million, up 49%; Advisory revenue of $324 million, up 73%, principally due to higher restructuring revenues
Q2 GAAP diluted EPS of $0.86 versus $0.74; Adjusted EPS of $0.99 versus $0.88 in the prior year
Six months GAAP diluted EPS of $1.53, down 12%; Adjusted EPS of $1.52, down 19%
Quarterly dividend of $0.25 per Class A share, payable September 20, 2023 to holders of record as of September 6, 2023
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PJT Partners filing is on SEC EDGAR ↗. 8-K briefs of other companies →