Houlihan Lokey's Q2 Fiscal Year 2024 Earnings Call: Highlights and Insights

The New York Stock Exchange (NYSE) listed Houlihan Lokey, a global investment bank, hosted its earnings call for the second quarter of fiscal year 2024, with Scott Beiser, Chief Executive Officer, and Lindsey Alley, Chief Financial Officer, leading the discussion. The company's financial performance was reviewed, with a focus on non-GAAP measures that provide valuable insights into the firm's financial health.

During the call, Houlihan Lokey discussed its financial results, which were presented in accordance with Generally Accepted Accounting Principles (GAAP). However, the company also highlighted its use of non-GAAP financial measures, such as earnings before interest, taxes, depreciation and amortization (EBITDA), to provide a more detailed understanding of its performance. These measures are intended to be used in conjunction with GAAP results and should not be relied upon exclusively.

The company's management team emphasized the importance of reviewing its regulatory filings, including Form 10-Q for the quarter ended September 30, 2023, when it is filed with the Securities and Exchange Commission (SEC). These filings provide a detailed discussion of the risks that could impact Houlihan Lokey's future operating results and financial condition.

The company also cautioned investors to exercise caution when interpreting and relying on forward-looking statements. Such statements are inherently uncertain and may not reflect actual results, which could differ materially from expectations. Before making any investment decisions, it is essential to carefully review the company's regulatory filings and earnings releases.

Houlihan Lokey's second quarter fiscal year 2024 earnings release can be accessed through the Investor Relations section of its website, hl.com. The release provides a detailed overview of the company's financial performance and highlights key metrics that demonstrate its growth and profitability.

In conclusion, Houlihan Lokey's Q2 fiscal year 2024 earnings call provided valuable insights into the company's financial health and performance. With a focus on non-GAAP measures and forward-looking statements, investors can gain a better understanding of the company's strengths and potential risks. As always, it is essential to review regulatory filings and earnings releases carefully before making any investment decisions.

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