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Stock impact report

BRP Group, Inc. Announces Fourth Quarter and Full Year 2023 Results

The Baldwin Insurance Group, Inc. - Class A (BRP) 
Last the baldwin insurance group, inc. - class a earnings: 3/24 04:10 pm Check Earnings Report
Company Research Source: Business Wire
- Fourth Quarter 2023 Total Revenues Grew 16% Year-Over-Year to $284.6 Million -- Full Year 2023 Total Revenues Grew 24% Year-Over-Year to $1.2 Billion -- Fourth Quarter 2023 Organic Revenue Growth(1) of 15% -- Full Year 2023 Organic Revenue Growth of 19% - TAMPA, Fla.--(BUSINESS WIRE)--BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial Clients, today announced its results for the fourth quarter and full year ended December 31, 2023.FOURTH QUARTER 2023 HIGHLIGHTSTotal revenues increased 16% year-over-year to $284.6 millionOrganic Revenue Growth of 15% year-over-yearGAAP net loss of $62.5 million and GAAP diluted loss per share of $0.56Adjusted Net Income(2) of $16.2 million, or $0.14(2) per fully diluted shareAdjusted EBITDA(3) grew 16% year-over-year to $45.6 millionAdjusted EBITDA Margin(3) of 16%“We capped 2023 with another solid quarter of dou Show less Read more
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