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The firm's profit amounts to 76 cents a share on a fully exchanged basis.
Lazard reported net income of $65.8 million on a fully exchanged basis and core operating revenue of $486.9 million.
The firm said it earned $52.9 million for the quarter on a fully exchanged basis, as its core business operating revenue rose only slightly, to $470.3 million.
The firm said it earned $52.9 million, or 39 cents a share, on a fully exchanged basis, as its core business operating revenue rose only slightly, to $470.3 million.
Lazard's net income was reported on a fully exchanged basis, which accounted for the minority interest held in the firm by LAZ-MD Holdings, an entity that was set up when Lazard went public to hold equity for existing and former partners.
Similar(53)
The so-called foreign exchange basis swap is where European banks are increasingly being forced to turn as other forms of dollar funding dry up.
China's Didi Kuadi was part of the last round of funding and has since partnered with the ridesharing startup on an exchange basis.
That view stands in contrast to the other places where established abusers trade content, not for cash, but on a like-for-like exchange basis.
Hence, in a one-to-one exchange basis, POo demonstrated similar TC, LDL-C, HDL-C, and TAG levels with olive oil in healthy normolipidemic subjects.
The N atomic fraction obtained at 40 min allows us to calculate that only 6% of the N atoms from the solid are exchanged (on the basis of the stoichiometry of the 331 phase).
Under this agreement, much greater levels of information about bank accounts will be exchanged on a multilateral basis as part of a move towards a new global standard.
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