Houlihan Lokey, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2020
January 28, 2021 at 04:15 pm
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Houlihan Lokey, Inc. announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced operating income was USD 158.416 million compared to USD 68.016 million a year ago. Net income was USD 118.515 million compared to USD 48.894 million a year ago. For the nine months, operating income was USD 267.881 million compared to USD 160.946 million a year ago. Net income was USD 213.405 million compared to USD 124.779 million a year ago.
Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. The Company's segments include Corporate Finance (CF), Financial Restructuring (FR), and Financial and Valuation Advisory (FVA). The CF segment provides general financial advisory services in addition to advice on mergers and acquisitions and capital markets offerings. The FR segment provides advice to debtors, creditors and other parties-in-interest in connection with recapitalization/deleveraging transactions implemented both through bankruptcy proceedings and through out-of-court exchanges, consent solicitations or other mechanisms, as well as in distressed mergers and acquisitions and capital markets activities. The FVA segment primarily provides valuations of various assets, including companies, illiquid debt and equity securities, and intellectual property (among other assets and liabilities).
HOULIHAN LOKEY, INC. 
