Abacus Life Reports Third Quarter 2024 Results [Yahoo! Finance]
Abacus Life, Inc. - Class A (ABL)
Company Research
Source: Yahoo! Finance
- 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 thrilled with the significant advancements we have made with our ABL Tech platform, which already serves over 20 clients, with 23 more either committed or in negotiations, in jus
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ABL
News
- Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth [Yahoo! Finance]Yahoo! Finance
- Abacus Life Closes $150 Million Debt Financing Facility to Support Continued GrowthGlobeNewswire
- Abacus Life Completes Acquisition of FCF Advisors [Yahoo! Finance]Yahoo! Finance
- Abacus Life Completes Acquisition of FCF AdvisorsGlobeNewswire
- Abacus Life Completes Acquisition of Carlisle Management Company S.C.A. [Yahoo! Finance]Yahoo! Finance
ABL
Earnings
- 11/7/24 - Beat
ABL
Analyst Actions
- 10/24/24 - Northland Securities
ABL
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 8-K
- 12/16/24 - Form 4
- ABL's page on the SEC website