Hamilton Lane Incorporated (NASDAQ:HLNE) reported first-quarter results that comfortably exceeded Wall Street expectations, although the stock fell nearly 4% in pre-market trading as investors looked beyond the headline earnings beat.
The private markets investment firm also raised its full-year outlook for adjusted EBITDA and earnings.
Hamilton Lane posted adjusted earnings of $1.94 per share, well above the ****** yst consensus estimate of $1.46.
Revenue reached $275.33 million, exceeding market expectations of $218.33 million by roughly 26%.
Despite the stronger-than-expected financial performance, the shares declined 3.88% following the earnings release, suggesting investors remained cautious about other elements of the outlook.
#outlook #million
The private markets investment firm also raised its full-year outlook for adjusted EBITDA and earnings.
Hamilton Lane posted adjusted earnings of $1.94 per share, well above the ****** yst consensus estimate of $1.46.
Revenue reached $275.33 million, exceeding market expectations of $218.33 million by roughly 26%.
Despite the stronger-than-expected financial performance, the shares declined 3.88% following the earnings release, suggesting investors remained cautious about other elements of the outlook.
#outlook #million
1 day ago
