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Perella Weinberg Partners (PWP) delivers independent financial advisory services to global corporations and institutional clients. This news hub provides investors and professionals with essential updates on the firm’s strategic advisory work, including mergers & acquisitions, capital markets activity, and corporate restructuring developments.
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Perella Weinberg Partners (NASDAQ:PWP), a leading global independent advisory firm, has announced plans to release its second quarter 2024 financial results on Friday, August 2, 2024, before the market opens. The company will host a conference call and webcast on the same day at 9:00AM ET to review the results.
Investors can access the webcast through the Investors section of the company's website. For those preferring to dial in, the following information is provided:
- Domestic: (800) 579-2543
- International: (785) 424-1789
- Conference ID: PWPQ224
A replay of the call will be available for one week, accessible via phone or the company's website.
Perella Weinberg Partners (PWP) reported first quarter 2024 financial results with revenues of $102 million, down 22% from the previous year. Adjusted pre-tax loss was $(18) million, with GAAP pre-tax loss at $(51) million. Adjusted EPS was $(0.10), while GAAP diluted EPS stood at $(0.91). The firm maintained a strong balance sheet with $157 million in cash and no debt, repurchased 2 million share equivalents, declared a quarterly dividend of $0.07 per share, and returned $32 million to equity holders. Despite revenue decline, PWP remains focused on strategic business growth and client support.