CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Tuesday reported fiscal first-quarter earnings of $59 million.
The Conshohocken, Pennsylvania-based company said it had profit of $1.47 per share. Earnings, adjusted for non-recurring costs, were $1.51 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
The private-market investment firm posted revenue of $196.7 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $149.8 million.
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