Reports Q1 revenue $643M, consensus $654.15M. Reports Q1 ending AUM $227B vs. $250B last year. “Q1 performance was solid in the midst of an uncertain business environment,” said Peter R. Orszag, CEO and Chairman. “Throughout our history, we’ve maintained an unwavering focus on serving our clients, leveraging Lazard’s (LAZ) unparalleled global reach and deep expertise at the intersection of business and geopolitics. We continue to have substantial client engagement, while also progressing towards our Lazard 2030 long-term growth strategy.”
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