Houlihan Lokey, Inc. (HLI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.174 Good day, ladies and gentlemen. Thank you for standing by. 00:00:03.174 -- 00:00:08.240 Welcome to the Houlihan Loki Fiscal First Quarter 2026 Earnings 00:00:08.240 -- 00:00:13.205 Conference Call. At this time, all participants are in a listen-only mode. 00:00:13.205 -- 00:00:17.129 The question and answer session will follow the formal presentation. 00:00:17.129 -- 00:00:21.494 Please note that this conference call is being recorded today, 29th of July, 2025. 00:00:21.494 -- 00:00:23.674 I will 00:00:24.137 -- 00:00:27.901 now turn the call over to the company. Please go ahead. 00:00:27.901 -- 00:00:32.739 Thank you, Operator, and hello, everyone. By now, everyone should have access to our 00:00:32.739 -- 00:00:37.824 first quarter fiscal year 2026 earnings release, which can be found on the 00:00:37.824 -- 00:00:42.166 Houlihan Loki website at www.hl.com 00:00:43.149 -- 00:00:48.193 in the investor relations section. Before we begin our formal remarks, we 00:00:48.193 -- 00:00:54.118 need to remind everyone that the discussion today will include forward-looking statements. 00:00:54.118 -- 00:00:59.003 These forward-looking statements, which are usually identified by use of words such as 00:00:59.003 -- 00:01:04.208 will, expect, Anticipate, should, or other similar phrases are not 00:01:04.208 -- 00:01:09.515 guarantees for future performance. These statements are subject to numerous risks 00:01:09.515 -- 00:01:15.504 and uncertainties that could cause actual results to differ materially from what we expect, 00:01:15.504 -- 00:01:21.200 and therefore, you should exercise caution when interpreting and relying on them. 00:01:21.200 -- 00:01:26.247 We refer all of you to our recent SEC filings for a more detailed discussion of the ...