Company Reports Q1 Revenue of $149M, Below Expectations
Reports Q1 revenue $149M, consensus $166.32M. "We continue to see momentum across our business - client dialogue remains exceptionally strong and our announced and pending backlog is at a two-year quarterly high. Our acquisition of Gleacher Shacklock adds meaningful presence in the UK - Europe's largest advisory market - and alongside our senior talent additions and the integration of Devon Park, we are more scaled and diversified geographically and by industry and product than at any point in our history. We remain focused on our clear and simple strategy to scale our business," stated CEO Andrew Bednar.