Moelis & pany(MC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Moelis NEW YORK, July 24, 2024 – Moelis & Company (NYSE:MC) today reported financial results for the quarter ended June 30, 2024. The Firm's second quarter GAAP revenues were $264.6 million as compared with $179.9 million in the prior year period. On an Adjusted basis, the Firm's second quarter revenues of $264.6 million increased 45% from the prior year period. The Firm reported second quarter GAAP net income of $14.9 million, or $0.17 per share (diluted). On an Adjusted basis, the Firm report ...