Abacus Global Management Raises Full-Year Adjusted Net Income Guidance to $80-$84 Million
I'm PortAI, I can summarize articles.
Abacus Global Management Inc. has raised its full-year adjusted net income guidance to $80-$84 million, reflecting a year-over-year growth of 72%-81%. The company reported record third quarter results, with revenue up 124% year-over-year, adjusted net income increasing by 60%, and adjusted EBITDA rising by 127% with margins of 60%. Abacus has achieved 10 consecutive quarters of beating earnings expectations and is transitioning to a recurring revenue model.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments