Perella Weinberg Partners Revenue Rises 53% in Third Quarter

Perella Weinberg Partners posted $251.373 million in third-quarter revenue, up 53% from a year earlier, as fee-paying clients and larger fee events contributed to growth at the advisory firm. Adjusted earnings per share, a non-GAAP measure, was $0.39. Diluted earnings per share under generally accepted accounting principles was $0.21. Pretax income was $35 million on a GAAP basis and $56 million on an adjusted basis. The increase reflected more fee-paying clients and a larger share of fee events topping $5 million. Revenue for the nine months ended Sept.

Source: TokenPost