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Stock impact report

Goosehead Insurance, Inc. Announces First Quarter 2020 Results

Goosehead Insurance, Inc. - Class A (GSHD) 
Last goosehead insurance, inc. - class a earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
- First Quarter Revenues Were $20.4 million - - Total Written Premiums Increased 46% Over Prior-Year Period - - Total Franchises Grew 45% Over Prior-Year Period - - Corporate Sales Headcount Increased 31% Over Prior-Year Period - WESTLAKE, Texas, April 30, 2020 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, today announced results for the first quarter ended March 31, 2020. Beginning with the fourth quarter and full year 2019, the Company began reporting results under accounting standard ASC 606. The Company is using the modified retrospective approach to applying ASC 606 and accordingly prior period numbers have not been restated in the Form 10-Q to give effect to the application of ASC 606. A reconciliation of ASC 606 accounting to ASC 605 accounting for 2020 has been provided as a supplemental schedule in this earnings release. Fi Show less Read more
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