Houlihan Lokey, Inc. (NYSE:HLI) Q1 2025 Earnings Conference Call July 30, 2024 5:00 PM ET
Company Participants
Christopher Crain - General Counsel and Secretary
Scott Adelson - Chief Executive Officer
Lindsey Alley - Chief Financial Officer
Conference Call Participants
Brennan Hawken - UBS
James Yaro - Goldman Sachs
Devin Ryan - JMP Securities
Ken Worthington - JP Morgan
Brendan O'Brien - Wolfe Research
Ryan Kenny - Morgan Stanley
Jim Mitchell - Seaport Global
Aidan Hall - KBW
Operator
Good day, ladies and gentlemen. Thank you for standing by. Welcome to Houlihan Lokey First Quarter Fiscal Year 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. Please note that this conference call is being recorded today, July 30, 2024.
I will now turn the call over to the company.
Christopher Crain
Thank you, Operator, and hello, everyone. By now, everyone should have access to our first quarter fiscal year 2025 earnings release, which can be found on the Houlihan Lokey website at www.hl.com in the Investor Relations section.
Before we begin our formal remarks, we need to remind everyone that the discussion today will include forward-looking statements. These forward-looking statements, which are usually identified by use of words such as will, expect, anticipate, should or other similar phrases, are not guarantees of future performance.
These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect, and therefore, you should exercise caution when interpreting and relying on them.
We refer all of you to our recent SEC filings for a more detailed discussion of the risks that could impact our future operating results and financial conditions. We encourage investors to review our regulatory filings, including the Form 10-Q for the quarter ended June 30, 2024, when it is filed with the SEC.
During today’s call, we will discuss non-GAAP financial measures, which we believe can be useful in evaluating the company’s financial performance. These measures should not be considered in isolation or as a substitute for our financial results prepared in accordance with GAAP. A reconciliation of these measures to the most directly comparable GAAP measures is available in our earnings release and our investor presentation on the hl.com website.
Hosting the call today, we have Scott Adelson, Houlihan Lokey’s Chief Executive Officer; and Lindsey Alley, Chief Financial Officer. They will provide some opening remarks and then we will open the call to questions.