Moelis & pany(MC) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Moelis & Company Reports First Quarter 2024 Financial Results; Declares Regular Quarterly Dividend of $0.60 Per Share • First quarter GAAP revenues of $217.5 million; first quarter Adjusted revenues of $217.5 million, up 17% from the prior year period • GAAP and Adjusted net income of $0.22 per share for the first quarter of 2024; GAAP and Adjusted net income includes a $0.14 per share (diluted) tax benefit • Continued to execute on our growth strategy: ― Promoted seven advisory professionals t ...