Abacus Life Reports Third Quarter 2024 Results
Abacus Life, Inc. - Class A (ABL)
Company Research
Source: GlobeNewswire
- Delivered Continued Revenue and Profitability Growth While Executing on Strategic Initiatives - - Third Quarter 2024 Total Revenue Grows 33% Year-over-Year to $28.1 Million - - Due to Non-Cash Increase in Warrant Liability of $8.7M; GAAP Net Loss of $5.1M - - Adjusted Net Income Grows 65% Year-over-Year to $14.9 Million - - Adjusted EBITDA Grows 54% Year-over-Year to $16.7 Million - ORLANDO, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today reported results for the third quarter ended September 30, 2024. “It was another great quarter for Abacus as we continued to deliver meaningful growth and profitability, while we successfully executed on our long-term strategy,” said Jay Jackson, Chief Executive Officer of Abacus. “Along with our excellent results, we are th
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- Abacus Life Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
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- Ready to spend retirement savings? What to know about a formula for safe withdrawals [USA TODAY]USA TODAY
ABL
Earnings
- 11/7/24 - Beat
ABL
Sec Filings
- 11/15/24 - Form EFFECT
- 11/15/24 - Form EFFECT
- 11/7/24 - Form 10-Q
- ABL's page on the SEC website