Houlihan Lokey, Inc. (HLI) Q4 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.518 Good day and welcome to the Houlihan Loki fiscal 00:00:05.518 -- 00:00:12.285 year and fourth quarter 2026 earnings conference call. 00:00:12.307 -- 00:00:15.091 All participants will be in listen-only mode. 00:00:15.091 -- 00:00:19.737 Should you need assistance, please signal a conference specialist by pressing the star 00:00:19.737 -- 00:00:22.658 key followed by zero. 00:00:22.801 -- 00:00:27.740 After today's presentation, there will be an opportunity to ask questions. 00:00:27.740 -- 00:00:32.586 To ask a question, you may press star, then 1 on a touch-tone phone. 00:00:32.586 -- 00:00:36.732 To withdraw your question, please press star, then 2. 00:00:36.732 -- 00:00:41.838 Please note this event is being recorded. I would now like to turn the conference over 00:00:41.838 -- 00:00:44.179 to the company. 00:00:44.281 -- 00:00:45.663 Please go ahead. 00:00:45.663 -- 00:00:50.770 Thank you, operator, and hello, everyone. By now, everyone should have access to 00:00:50.770 -- 00:00:54.114 our fourth quarter and fiscal year 2026 00:00:54.114 -- 00:01:00.780 earnings release. which can be found on the Houlihan Loki website at www.hl.com 00:01:01.564 -- 00:01:06.651 in the investor relations section. Before we begin our formal remarks, 00:01:06.651 -- 00:01:12.419 we need to remind everyone that the discussion today will include forward-looking statements. 00:01:12.419 -- 00:01:17.647 These forward-looking statements, which are usually identified by use of words such 00:01:17.647 -- 00:01:22.914 as will, expect, anticipate, should, or other similar phrases, 00:01:22.914 -- 00:01:27.951 are not guarantees of future performance. These statements are subject to numerous risks 00:01:27.951 -- 00:01:33.839 and uncertainties that could ca...