BRP Group, Inc. announced strong third-quarter results with a 91% increase in revenue to $259.4 million and organic revenue growth of 28%. The company's adjusted EBITDA grew by 118% to $41.9 million, and adjusted net income significantly increased, highlighting the resilience of their business model.
Revenue increased 91% year-over-year to $259.4 million.
Organic Revenue Growth was 28% year-over-year.
Adjusted EBITDA grew 118% to $41.9 million.
GAAP net loss of $46.7 million and GAAP loss per fully diluted share of $0.43.
This press release contains various forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which represent BRP Group’s expectations or beliefs concerning future events.
Analyze how earnings announcements historically affect stock price performance