Earnings ·
Houlihan Lokey reported first quarter fiscal 2027 results with revenues declining to $511 million from $605 million in…
HLIHoulihan Lokey, Inc.
Houlihan Lokey reported first quarter fiscal 2027 results with revenues declining to $511 million from $605 million in the prior year period. Diluted EPS fell to $1.15, down from $1.42, while adjusted diluted EPS was $1.35 compared to $2.14 previously. Corporate Finance revenues dropped 24% to $303 million due to instability in the Middle East and technology sector disruptions, whereas Financial Restructuring revenues decreased 8% to $119 million and Financial and Valuation Advisory revenues rose 13% to $89 million. The Board declared a regular quarterly cash dividend of $0.70 per share, payable on September 15, 2026, to shareholders of record as of September 1, 2026. Additionally, the company repurchased 348,000 shares during the quarter and held $797 million in cash and investment securities at quarter-end. Houlihan Lokey operates as a global investment bank providing strategic and financial advisory services including mergers and acquisitions, capital solutions, and restructuring.