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Houlihan Lokey: Fiscal 3Q Earnings Snapshot

January 29, 2019

LOS ANGELES (AP) _ Houlihan Lokey Inc. (HLI) on Tuesday reported fiscal third-quarter earnings of $44 million.

The Los Angeles-based company said it had net income of 67 cents per share. Earnings, adjusted for non-recurring costs, were 77 cents per share.

The investment banking company posted revenue of $298 million in the period.

Houlihan Lokey shares have risen 17 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $43.23, a decrease of 15 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HLI at https://www.zacks.com/ap/HLI

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