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Exhibit 99.1 • • • MOELIS & COMPANY Moelis & Company Reports Record Second Quarter and First Half 2021 Financial Results ; Increases Regular Quarterly Dividend 9 % to $ 0.60 Per Share and Board Approves Share Repurchase Authorization Increase of $ 100 million Record Second Quarter and First Half Revenues and Earnings Per Share Second quarter revenues of $ 360.9 million , up 126 % from the same period of 2020 • First half revenues of $ 624.8 million , up 99 % from the first half of 2020 GAAP net income of $ 1.17 per share ( diluted ) for the second quarter of 2021 and $ 2.17 per share ( diluted ) for the first half ; Adjusted net income of $ 1.19 per share ( diluted ) for the second quarter of 2021 and $ 2.21 per share ( diluted ) for the first half Second quarter 2021 adjusted pre - tax margin of 34 % versus ( 11 % ) in the prior year period ; first half 2021 adjusted pre - tax margin of 31 % versus 3 % in the prior year period Continued to execute on organic growth strategy : - Added 11 Managing Directors year - to - date through internal development and key external hires ; strong pipeline of 2021 Managing Director hires Includes one recently announced Managing Director in the U.S. to further expand our capital markets team and strengthen our distribution capabilities Strong balance sheet with cash and short term investments of $ 280.7 million and no debt or goodwill Declared quarterly dividend of $ 0.60 per share ; second regular increase over the past three quarters During the second quarter , we repurchased 0.4 million shares of our common stock in the open market ; repurchased 1.8 million shares year - to - date Board of Directors authorized an increase of $ 100 million in share repurchases ; total remaining share buyback capacity of approximately $ 150 million NEW YORK , July 21 , 2021 - Moelis & Company ( NYSE : MC ) today reported financial results for the second quarter ended June 30 , 2021. The Firm's second quarter revenues of $ 360.9 million increased 126 % over the prior year period and represented our second largest quarter of revenues ever . The Firm reported second quarter 2021 GAAP net income of $ 93.2 million , or $ 1.17 per share ( diluted ) . On an Adjusted basis , the Firm reported net income of $ 90.0 million or $ 1.19 per share ( diluted ) for the second 1