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Contact : Patrick Suehnholz ● ● ● Director of Investor Relations Greenhill & Co. , Inc. ( 212 ) 389-1800 Greenhill GREENHILL & CO . REPORTS SECOND QUARTER 2021 RESULTS Quarterly revenues of $ 43.2 million , down 10 % from prior year's second quarter due to reduced restructuring activity and few large M & A transaction completions Total year to date revenues of $ 112.2 million , 2 % lower than the same period in 2020 as increased M & A activity did not fully offset slower restructuring activity Both compensation costs and non - compensation costs lower than last year for quarter and year to date Continued accelerated debt reduction with $ 15 million discretionary repayment after quarter end Repurchased 567,355 shares of common stock and common stock equivalents during the quarter at an average price of $ 16.39 per share Recruited 4 additional Managing Directors since last earnings announcement ; year to date recruited 10 Managing Directors globally NEW YORK , NEW YORK , August 3 , 2021 - Greenhill & Co. , Inc. ( NYSE : GHL ) today reported revenues of $ 43.2 million , a net loss of $ 8.8 million and a loss per share of $ 0.45 for the quarter ended June 30 , 2021 . The Firm's second quarter 2021 revenues compare to revenues of $ 47.8 million in the comparable period in 2020 , a decrease of $ 4.6 million . The Firm's second quarter 2021 net loss and loss per share compare to a net loss of $ 15.0 million and loss per share of $ 0.79 for the second quarter 2020 For the six months ended June 30 , 2021 , revenues of $ 112.2 million compare to $ 114.9 million for the comparable period in 2020 , a decrease of $ 2.7 million . For the first half of 2021 , a net loss of $ 6.7 million and a loss per share of $ 0.34 compare to a net loss of $ 22.5 million and a loss per share of $ 1.19 for the same period in 2020 . 1