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Hamilton Lane tops Q1 estimates; shares fall despite raised guidance

InvestorsHub +1 ·

HLNE
HLNE Hamilton Lane Inc
$101.61 +7.06%
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  1. 1Hamilton Lane (HLNE) reported Q1 adjusted EPS of $1.94, well above the $1.46 consensus estimate
  2. 2Revenue of $275.33 million came in roughly 26% above the $218.33 million expected, and the company raised its full-year adjusted EBITDA guidance to $385 million–$400 million
  3. 3Despite the strong results, shares dropped 3.88% after the announcement as investors turned cautious on other elements of the outlook

This 3-line summary is compiled from the report below.

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