Lazard reports Q1 2017 results

Press releases — New York

April 27, 2017

NEW YORK, April 27, 2017 – Lazard Ltd (NYSE: LAZ) today reported record first-quarter operating revenue1 of $624 million, and record first-quarter net income, as adjusted1, of $110 million for the quarter ended March 31, 2017.

Net income per share, as adjusted1, was a first quarter record of $0.83 (diluted), compared to $0.50 (diluted) for the 2016 first quarter.

First-quarter 2017 net income on a U.S. GAAP basis was $108 million, or $0.81 per share (diluted).

“Lazard’s record first-quarter results reflect strong performance across our businesses,” said Kenneth M. Jacobs, Chairman and Chief Executive Officer of Lazard. “In both Financial Advisory and Asset Management, we are serving clients with a differentiated model that combines deep local insights with fully global perspective and capabilities.”

For more information, download the full press release.

About Lazard

Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit


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