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Greenhill & Co. Reports First Quarter 2019 Results

Apr 29, 2019 - PR Newswire
Mergers and Acquisitions-Earnings Announcements

PR Newswire

Quarterly revenues of $51.2 million, down 42% from prior year as completion fees for the quarter related to relatively small transactions Compensation costs lower than last year's first quarter, but compensation ratio elevated as a result of lower revenues Non-compensation costs slightly higher than last year Loss of $0.64 per share given significantly lower revenue only partially offset by slightly lower total costs Repurchased 936,671 shares of common stock and common stock e...