Moelis & Company (MC) CEO Ken Moelis on Q3 2020 Results - Earnings Call Transcript

Oct. 26, 2020 8:55 PM ETMoelis & Company (MC)
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Moelis & Company (NYSE:MC) Q3 2020 Earnings Conference Call October 26, 2020 5:00 PM ET

Company Participants

Chett Mandel - VP, IR

Ken Moelis - Chairman and CEO

Joe Simon - CFO

Conference Call Participants

Ken Worthington - JPMorgan

Devin Ryan - JMP Securities

Manan Gosalia - Morgan Stanley

Steven Chubak - Wolfe Research

Brennan Hawkins - UBS

Michael Brown - KBW

Jeff Harte - Piper Sandler


Good day, and welcome to the Moelis & Company Q3 2020 Earnings Conference Call.

All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would like now to turn the conference over to Mr. Chett Mandel, Head of Investor Relations. Please go ahead.

Chett Mandel

Good afternoon, and thank you for joining us for Moelis & Company’s third quarter 2020 financial results conference call. On the phone today are Ken Moelis, Chairman and CEO; and Joe Simon, Chief Financial Officer.

Before we begin, I would like to note that the remarks made on this call may contain certain forward-looking statements, which are subject to various risks and uncertainties, including those identified from time-to-time in the Risk Factors section of Moelis & Company’s filings with the SEC and in our earnings release.

Actual results could differ materially from those currently anticipated. The firm undertakes no obligation to update any forward-looking statements. Our comments today include references to certain adjusted financial measures. We believe these measures when presented together with comparable GAAP measures are useful to investors to compare our results across several periods and to better understand our operating results. The reconciliation of these adjusted financial measures with the relevant GAAP financial information and other information required by Reg G is provided in the firm’s earnings

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