Perella Weinberg Partners reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported net income was USD 20.77 million compared to net loss of USD 10.41 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to basic loss per share from continuing operations of USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to diluted loss per share from continuing operations of USD 0.49 a year ago. For the full year, net loss was USD 64.73 million compared to USD 17.22 million a year ago. Basic loss per share from continuing operations was USD 1.22 compared to USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 1.22 compared to USD 1.33 a year ago.
PWP is a New York-based investment banking firm that provides services including growth capital, liability management and merger and acquisition advisory for businesses.