Houlihan Lokey: Fiscal 3Q Earnings Snapshot
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.