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Stock impact report

Goosehead Insurance, Inc. Announces Second 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
-  Second Quarter Revenues Were $29.9 Million  --  Total Written Premiums Grew 41%  --  Total Franchises and Corporate Sales Headcount Grew 48% and 49%, Respectively  --  Net Income of $7.4 Million, Adjusted EBITDA of $9.8 Million and Adjusted EBITDA Margin of 33% --  Special Dividend of $42 Million Declared  --  Raising 2020 Outlook for Total Written Premiums and Revenues  - WESTLAKE, Texas, July 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 second quarter ended June 30, 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 accounti Show less Read more
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