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Moelis & Company (MC) is a prominent global independent investment bank known for delivering innovative strategic advice and solutions to a varied clientele that includes corporations, governments, and financial sponsors. The firm is dedicated to assisting clients in achieving their strategic objectives through comprehensive, integrated financial advisory services across all major industry sectors.
Moelis & Company’s experienced professionals offer expert guidance on essential decisions such as mergers and acquisitions, recapitalizations and restructurings, and other corporate finance matters. The company operates with a team of over 650 employees situated in 17 offices across North and South America, Europe, the Middle East, Asia, and Australia, ensuring a global presence and deep industry expertise.
In recent years, Moelis & Company has made significant strides in expanding its capabilities and market reach. The firm has been involved in several high-profile transactions and has established itself as a trusted advisor in the investment banking sector. Its revenue is predominantly generated from advisory transactions, with the United States being its primary market, followed by Europe and other regions worldwide.
Moelis & Company continues to build on its strong foundation, leveraging its extensive network and unwavering commitment to client success. For further details, visit www.moelis.com.
Moelis & Company (NYSE: MC) reported a significant drop in financial performance for Q1 2023. GAAP revenues fell to $187.8 million, down 38% year-over-year, reflecting a decrease in transaction completions and average fees. Net income was $3.6 million, or $0.05 per diluted share, compared to $73.0 million and $0.95 per share in the prior year. The firm is expanding its technology investment banking segment, appointing Jason Auerbach as Global Head and hiring several new Managing Directors. Despite the challenges, Moelis maintains a strong financial position with $170.3 million in cash and no debt. A quarterly dividend of $0.60 per share was declared, and the firm repurchased 1.1 million shares for $44.5 million to cover employee tax liabilities.
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