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
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TWFG
News
- TWFG Inc (TWFG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Expansion ... [Yahoo! Finance]Yahoo! Finance
- TWFG, Inc. (NASDAQ: TWFG) had its price target raised by analysts at Piper Sandler from $30.00 to $37.00. They now have an "overweight" rating on the stock.MarketBeat
- TWFG Inc. to Report Third Quarter 2024 ResultsPR Newswire
- TWFG, Inc. (NASDAQ: TWFG) was upgraded by analysts at DOWLING & PARTN to a "hold" rating.MarketBeat
- TWFG, Inc. (NASDAQ: TWFG) had its price target raised by analysts at Keefe, Bruyette & Woods from $27.00 to $28.00. They now have a "market perform" rating on the stock.MarketBeat
TWFG
Earnings
- 11/12/24 - Beat
TWFG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 9/26/24 - Form 4/A
- TWFG's page on the SEC website