January 19, 2017 2:55 PM ET

Capital Markets

Company Overview of Houlihan Lokey, Inc.

Company Overview

Houlihan Lokey, Inc., an investment banking company, provides mergers and acquisitions (M&A), financings, financial restructurings, and financial advisory services in the United States, Canada, Europe, Asia, Australia, the Middle East, Latin America, and Africa. Its Corporate Finance segment offers general advisory services on M&A and capital markets offerings; advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions; and advises financial sponsors on various transactions. The comp...

10250 Constellation Boulevard

5th Floor

Los Angeles, CA 90067

United States

Founded in 1972

1,171 Employees

Phone:

310-788-5200

Fax:

310-553-2173

Key Executives for Houlihan Lokey, Inc.

Chief Executive Officer, Senior Managing Director, Member of Board of Directors and Chairman of Compensation Committee
Age: 56
Total Annual Compensation: $2.1M
Co-President, Global Co-Head of Corporate Finance, Senior Managing Director and Director
Age: 55
Total Annual Compensation: $697.5K
Executive Chairman, Senior Managing Director and Chairman of Nominating & Corporate Governance Committee
Age: 59
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2016.

Houlihan Lokey, Inc. Key Developments

Houlihan Lokey, Inc Names Anthony Forshaw as Managing Director in the Capital Markets Group

Houlihan Lokey, Inc. announced that Anthony Forshaw has joined the firm as a managing director in the capital markets group. He is based in London. Mr. Forshaw joins Houlihan Lokey following a 25-year career at Deutsche Bank, where he held a number of roles, most recently serving as a Managing Director in the Corporate Finance group. He was responsible for a broad range of capital markets activities including the origination, structuring, and execution of large-cap, sub-investment grade financings, crossover/IPO loan-related financings, and related interest rate, currency, and cross-border risk structuring.

Houlihan Lokey, Inc. Provides Earnings Guidance for the Fiscal 2017

Houlihan Lokey, Inc. reminds everyone that the key drivers of financial performance are revenues and compensation ratio. The company continue to target long-term revenue growth of between 7% and 10%, which anticipate will occur through a combination of organic growth and growth through acquisitions. The company slightly lowering expected effective tax rate to between 39% and 40% and believe that continued growth overseas will result in a slightly higher non compensation ratio and a slightly lower tax rate but will add to long-term diversification strategy.

Houlihan Lokey, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Houlihan Lokey, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported fee revenue of $186,537,000 compared to $158,380,000 a year ago. Operating income was $34,977,000 compared to $17,437,000 a year ago. Income before provision for income taxes was $34,228,000 compared to $17,104,000 a year ago. Net income attributable to the company was $20,876,000 or $0.31 per diluted share compared to $9,255,000 or $0.15 per diluted share a year ago. Adjusted operating income was $41,453,000 compared to $29,797,000 a year ago. Adjusted net income was $24,804,000 or $0.37 per diluted share compared to $17,384,000 or $0.28 per diluted share a year ago. For the six months, the company reported fee revenue of $367,311,000 compared to $304,646,000 a year ago. Operating income was $67,838,000 compared to $41,217,000 a year ago. Income before provision for income taxes was $66,181,000 compared to $42,205,000 a year ago. Net income attributable to the company was $40,287,000 or $0.61 per diluted share compared to $24,300,000 or $0.39 per diluted share a year ago. Adjusted operating income was $80,844,000 compared to $57,061,000 a year ago. Adjusted net income was $48,182,000 or $0.72 per diluted share compared to $34,143,000 or $0.55 per diluted share a year ago.

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