Houlihan Lokey, Inc. (HLI) Q3 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.541 Good day, ladies and gentlemen. Thank you for standing by. 00:00:02.541 -- 00:00:08.277 Welcome to the Houlihan-Lowkey's third quarter fiscal year 2026 earnings 00:00:36.211 -- 00:00:41.315 be found on the Houlihan Loki website at www.hl.com 00:00:42.118 -- 00:00:47.224 in the investor relations section. Before we begin our formal remarks, we need to 00:00:47.224 -- 00:00:52.450 remind everyone that the discussion today will include forward-looking statements. 00:00:52.450 -- 00:00:57.216 These forward-looking statements, which are usually identified by use of words such as 00:00:57.216 -- 00:01:02.382 will, expect, anticipate, should, or other similar phrases, are not 00:01:02.382 -- 00:01:07.544 guarantees of future performance. These statements are subject to numerous risks and 00:01:07.544 -- 00:01:13.371 uncertainties that could cause actual results to differ materially from what we expect. 00:01:13.371 -- 00:01:18.957 And therefore, you should exercise caution when interpreting and relying on them. 00:01:18.957 -- 00:01:23.962 We refer all of you to our recent SEC filings for a more detailed discussion 00:01:23.962 -- 00:01:29.328 of the risks that could impact our future operating results and financial condition. 00:01:29.328 -- 00:01:34.814 We encourage investors to review our regulatory filings including the Form 10-Q 00:01:34.814 -- 00:01:38.556 for the quarter ended December 31, 2025, 00:01:38.858 -- 00:01:41.921 when it is filed with the SEC. 00:01:41.921 -- 00:01:46.806 During today's call, we will discuss non-GAAP financial measures, which we believe can 00:01:46.806 -- 00:01:50.671 be useful in evaluating the company's financial performance. 00:01:50.671 -- 00:01:55.736 These measures should not be considered in isol...