PJT Partners Inc. Reports Record First Quarter 2024 Results
Total Revenues of $329 million in the current quarter, up 65% from $200 million in the prior year. Advisory Revenues of $289 million, up 72% from $168 million in the prior year. The increase in Advisory Revenues was due to significant increases in restructuring, strategic advisory and private capital solutions revenues. Placement Revenues of $34 million, up 25% from $28 million in the prior year. The increase in Placement Revenues was due to an increase in fund placement revenues. Interest Income & Other of $6 million, up 44% from $4 million in the prior year. The increase in Interest Income & Other was principally due to higher interest income.