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Stock impact report

The Baldwin Group Announces First Quarter 2024 Results [Yahoo! Finance]

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: Yahoo! Finance
- Adjusted EBITDA Growth of 29% Year Over Year to $101.7 Million and Adjusted EBITDA Margin of 27%, a 280 Basis Point Expansion Compared to the Prior-Year Period - TAMPA, Fla., May 07, 2024 BUSINESS WIRE )--The Baldwin Group, the go-to-market brand name for The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) ("Baldwin" 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 first quarter ended March 31, 2024. FIRST QUARTER 2024 HIGHLIGHTS Total revenue increased 15% year over year to $380.4 million Organic revenue growth of 16% year over year GAAP net income of $39.1 million and GAAP diluted earnings per share of $0.33 Adjusted net income of $65.3 million Adjusted diluted EPS grew 33% year over year to $0.56 Adjusted EBITDA grew 29% year over year to $101.7 million Adjusted EBITDA margin of 27%, a 280 basis poin Show less Read more
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