Business StrategyMoelis has made significant investments in the business in recent years, which positions the firm well in a recovery scenario.
Financial PerformanceRevenue rose 1% year-over-year and 6% quarter-over-quarter to $281MM and exceeded the forecast and the consensus expectation by 8% and 1%, respectively.
Mergers And AcquisitionsMoelis has one of the highest exposures to financial sponsor M&A activity, relative to peers, and will benefit from the recovery of monetizations and deployment from the Private Equity (PE) community.