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Stock impact report

Ryan Specialty Reports Fourth Quarter 2023 Results; Initiates Quarterly Dividend [Yahoo! Finance]

Ryan Specialty Holdings, Inc. Class A (RYAN) 
Company Research Source: Yahoo! Finance
- Net Income of $58.5 million, or $0.18 per diluted share - - Adjusted EBITDAC grew 24.6% year-over-year to $158.6 million - - Adjusted Net Income increased 29.6% year over year to $95.7 million, or $0.35 per diluted share - CHICAGO, February 27, 2024 BUSINESS WIRE )--Ryan Specialty Holdings, Inc. (NYSE: RYAN) ("Ryan Specialty" or the "Company"), a leading international specialty insurance firm, today announced results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Highlights Revenue grew 22.5% year-over-year to $532.9 million, compared to $435.0 million in the prior-year period Organic Revenue Growth Rate* was 16.0%, compared to 10.3% in the prior-year period Net Income grew 27.8% year-over-year to $58.5 million, compared to $45.8 million in the prior-year period. Diluted Earnings per Share was $0.18 Adjusted EBITDAC* increased 24.6% to $158.6 million, compared to $127.3 million in the prior-year period Adjusted EBITDAC Margin* of 29.8%, compar Show less Read more
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