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Houlihan Lokey FY revenue hits record $2.6bn; Q4 EPS misses

Houlihan Lokey posted record full-year revenue of $2.6bn for fiscal 2026, up 10 per cent on the prior year. Fourth-quarter adjusted EPS of $1.63 missed estimates, but a record M&A pipeline and a 17 per cent dividend increase kept the investment case intact.