Houlihan Lokey FY27 Q1 net income falls 20.41% to $78 million; revenue drops 15.54% to $511 million
Reuters2026/07/29 20:41By:Reuters
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- Houlihan Lokey posted first-quarter fiscal 2027 revenue of USD 511 million, down 16% from a year earlier.
- Net income attributable to shareholders fell to USD 78 million; diluted EPS dropped to USD 1.15.
- Corporate Finance revenue slid 24% to USD 303 million, while Financial and Valuation Advisory rose 13% to USD 89 million.
- CEO Scott Adelson cited headwinds in Corporate Finance tied to Middle East instability and disruption in software, calling them temporary.
- The board declared a USD 0.70 quarterly dividend, repurchased 348,000 shares, and ended the quarter with USD 797 million in cash and securities.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Houlihan Lokey Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729817913) on July 29, 2026, and is solely responsible for the information contained therein.
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