Houlihan Lokey's (HLI) Shares Up Since Q4 Earnings Beat

Total revenues improved 16.9% year over year to $520 million in the quarter under review. The top line beat the Zacks Consensus Estimate by 3.7%. Q4 Performance Details Stable corporate finance and financial and valuation advisory segments and a growing financial restructuring business fueled the company's results. The company hired 11 managing directors and promoted 14 directors in the quarter. Total operating expenses increased 18% year over year to $417.8 million. The year-over-year rise was due to highe ...