SPY383.63+6.93 1.84%
DIA315.24+5.66 1.83%
IXIC12,920.15+196.68 1.55%

Press Release: Greenhill & Co. Reports Fourth -3-

· 02/04/2021 16:05
Operating expenses Employee compensation and benefits 46,494 44,443 194,084 178,946 Occupancy and equipment rental 4,879 5,629 25,175 22,289 Depreciation and amortization 449 621 2,168 2,565 Information services 2,377 2,431 10,083 9,940 Professional fees 2,248 2,871 9,618 10,017 Travel related expenses 323 3,422 2,848 13,523 Other operating expenses 3,868 6,013 12,454 17,889 Total operating expenses 60,638 65,430 256,430 255,169 Total operating income 80,110 41,267 55,248 45,843 Interest expense 3,457 5,217 15,487 27,420 Income before taxes 76,653 36,050 39,761 18,423 Provision for taxes 13,403 11,918 8,427 7,445 Net income $ 63,250 $ 24,132 $ 31,334 $ 10,978 Average shares outstanding: Basic 19,001,512 22,879,492 18,939,210 24,024,674 Diluted 23,328,068 22,984,943 23,078,451 24,272,479 Earnings per share: Basic $ 3.33 $ 1.05 $ 1.65 $ 0.46 Diluted $ 2.71 $ 1.05 $ 1.36 $ 0.45 Contact: Patrick Suehnholz Director of Investor Relations Greenhill & Co., Inc. (212) 389-1800

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SOURCE Greenhill & Co., Inc.

/Web site: www.greenhill.com

(END) Dow Jones Newswires

February 04, 2021 16:05 ET (21:05 GMT)