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TWFG Announces Third Quarter 2024 Results

TWFG, Inc. (TWFG) 
Company Research Source: GlobeNewswire
– Completed IPO in July 2024, raising $192.9 million in net proceeds through the issuance of 12,650,000 shares of Class A common stock at $17.00 per share –– Total Written Premium increased 13.0% over the prior year period to $400.1 million –– Total Revenue increased 14.5% over the prior year period to $54.6 million –– Organic Revenue Growth Rate* of 7.6% –– Net Income of $6.9 million –– Diluted Earnings Per Share and Adjusted Diluted Earnings Per Share* of $0.08 and $0.15, respectively –– Adjusted EBITDA* increased 29.7% over the prior year period to $11.7 million – THE WOODLANDS, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TWFG, Inc. (“TWFG”, the “Company” or “we”) (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total Written Premium for the quarter increased 13.0% to $400.1 million, compared to $354.1 million in the same period in the prior yearTotal revenues for th Show less Read more
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