CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Hamilton Lane Inc. (HLNE) on Tuesday reported fiscal third-quarter net income of $58.4 million.
The Conshohocken, Pennsylvania-based company said it had profit of $1.37 per share. Earnings, adjusted for non-recurring costs, came to $1.55 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The private-market investment firm posted revenue of $198.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $193 million.
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