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NEW YORK, April 29, 2021 /PRNewswire/ -- Greenhill & Co., Inc. (NYSE: GHL) today reported revenues of $68.9 million, net income of $2.1 million and diluted earnings per share of $0.09 for the quarter ended March 31, 2021.
Quarterly revenues of $68.9 million, up 3% from prior year's first quarter
Both compensation costs and non-compensation costs lower than last year's first quarter
Continued accelerated debt reduction with $20 million discretionary repayment after quarter end
Repurchased 972,766 shares of common stock and common stock equivalents during the quarter at an average price of $14.95 per share
Recruited 2 Managing Directors to expand our M&A coverage of telecom and communications infrastructure and media sectors