Moelis & Co [MC] posts $0.1503M profit as revenue falls 99.94% to $0.9853M

Moelis & Co [MC] posted a profit of $0.1503M, marking a fall of 99.96% for this year.

Revenue fell to $0.9853M this year compared to $1,540.61M in the previous year.

The New York(NY)-based company’s earnings per share came in at 2.14, compared to 5.34 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $0.1503M, down 99.96% from $422.98M.

The company’s net sales for the period were $0.9853M, down 99.94%. Net sales in the previous year were $1,540.61M.