secwatch / observer

Earnings Releases

Quarterly and annual results disclosed under 8-K Item 2.02.

8-K items 2.02 JSON
AHT ASHFORD HOSPITALITY TRUST INC

ASHFORD HOSPITALITY TRUST INC reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Ashford Hospitality Trust, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
CMP COMPASS MINERALS INTERNATIONAL INC

COMPASS MINERALS INTERNATIONAL INC reported fiscal 2024 second quarter results: revenue $ 364.0, net income $(48.0), EPS $(1.16).

“across all operating sites. QUARTERLY FINANCIAL RESULTS Three Months Ended March 31, Six Months Ended March 31, (in millions, except per share data) 2024 2023 2024 2023 Revenue $ 364.0 $ 411.1 $ 705.7 $ 763.5 Operating (loss) earnings (45.8) 47.9 (101.1) 75.8 Adjusted operating earnings * 65.4 50.8 87.4 79.0 Adjusted EBITDA * 87.3 77.4 146.7 139.2 Net loss”
STIM Neuronetics, Inc.

Neuronetics, Inc. reported first quarter of 2024; three months ended March 31, 2024 results: revenue $17.4 million, net income $(7.9) million, or $(0.27) per share, EPS $(0.27) per share.

“therapies in the world, today announced its financial and operating results for the first quarter of 2024. First Quarter 2024 Highlights ● First quarter 2024 revenue of $17.4 million, a 12% increase as compared to the first quarter 2023 ● U.S. treatment session revenue increased by 22% versus the first quarter of 2023 ● U.S. NeuroStar Advanced Therapy system”
MCHX MARCHEX INC

MARCHEX INC reported first quarter ended March 31, 2024 results: revenue $11.6 million, net income $1.5 million, EPS $0.03 per diluted share.

“excellence and revenue acceleration, today announced its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights • GAAP revenue was $11.6 million for the first quarter of 2024, compared to $12.2 million for the first quarter of 2023. • Net loss was $1.5 million for the first quarter of 2024 or $0.03 per diluted share,”
BIO BIO-RAD LABORATORIES, INC.

BIO-RAD LABORATORIES, INC. reported the first quarter ended March 31, 2024 results: revenue $610.8 million, net income $383.9 million, EPS $13.45 per share, on a diluted basis.

“Bio-Rad Laboratories, Inc. (NYSE: BIO and BIO.B), a global leader in life science research and clinical diagnostics products, today announced financial results for the first quarter ended March 31, 2024. First-quarter 2024 total net sales were $610.8 million, a decrease of 9.8 percent compared to $676.8 million reported for the first quarter of 2023. On a currency-neutral basis, quarterly sales decreased 9.6 percent compared to the same period in 2023. Life Science segment net sales for the first quarter were $241.7 million, a decrease of 25.3 percent compared to the same period in 2023. On a currency-neutral basis, Life Science segment sales decreased by 25.2 percent compared to the same quarter in 2023. The currency-neutral year-over-year sales decrease was broad-based and was primarily driven by ongoing weakness in the biotech and biopharma end-markets and the economic environment in China. Clinical Diagnostics segment net sales for the first quarter were $368.6 million, an increase”
SGI SOMNIGROUP INTERNATIONAL INC.

SOMNIGROUP INTERNATIONAL INC. reported first quarter ended March 31, 2024 results: revenue $1.2 Billion, net income $76.3 million, EPS $0.43. Guidance reaffirmed.

“RESULTS) --- EX-99.1 2 tpxreports1q2024results.htm TPX REPORTS FIRST QUARTER 2024 RESULTS Document TEMPUR SEALY REPORTS FIRST QUARTER RESULTS - First Quarter 2024 Net Sales of $1.2 Billion, Consistent with Prior Year - Strong Consolidated Gross Margins up 1.7% to 43.1% - EPS of $0.43 and Adjusted EPS (1) of $0.50 - Record First Quarter Cash Flow from Operations of”
APEI AMERICAN PUBLIC EDUCATION INC

AMERICAN PUBLIC EDUCATION INC updated its full year 2024 guidance (raised).

“· Increasing guidance for full year Revenue and Adjusted EBITDA”
APEI AMERICAN PUBLIC EDUCATION INC

AMERICAN PUBLIC EDUCATION INC reported three months ended March 31, 2024 results: revenue $154.4 million, net income ($1.0) million, EPS ($0.06).

“· Consolidated revenue for Q1 2024 increased 3.2% year-over-year to $154.4 million. · Net loss available to common stockholders in Q1 2024 was ($1.0) million, compared to a net loss available to common stockholders of ($7.2) million in the prior year period. · Net loss per diluted common share in Q1 2024 was ($0.06), compared to a net loss per diluted common share of ($0.38) in the same period of 2023.”
ONCOR ELECTRIC DELIVERY CO LLC

ONCOR ELECTRIC DELIVERY CO LLC reported three months ended March 31, 2024 results: net income net income of $225 million compared to reported three months ended March 31, 2023 net income of $103 million.

“ONCOR REPORTS FIRST QUARTER 2024 RESULTS DALLAS (May 7, 2024) — Oncor Electric Delivery Company LLC (“Oncor”) today reported three months ended March 31, 2024 net income of $225 million compared to reported three months ended March 31, 2023 net income of $103 million.”
WYNN WYNN RESORTS LTD

WYNN RESORTS LTD reported first quarter ended March 31, 2024 results: revenue $1.86 billion, net income $144.2 million, EPS $1.30.

“Operating revenues were $1.86 billion for the first quarter of 2024”
HY HYSTER-YALE, INC.

HYSTER-YALE, INC. reported the three month period ended March 31, 2024 results: revenue $1,056.5, net income $51.5, EPS $2.93.

“are to the three months ended March 31, 2023, unless otherwise noted. Three Months Ended ($ in millions except per share amounts) 3/31/24 3/31/23 Change Fav (Unfav) Revenues $1,056.5 $999.3 $57.2 Operating Profit $83.8 $42.6 $41.2 Net Income $51.5 $26.6 $24.9 Diluted Earnings per Share $2.93 $1.55 $1.38 Lift Truck Business Results Revenues and shipments by”
NRP NATURAL RESOURCE PARTNERS LP

NATURAL RESOURCE PARTNERS LP reported first quarter of 2024 results: net income Net income $ 56,213.

“On May 7, 2024, Natural Resource Partners L.P. announced via press release its earnings and operating results for the first quarter of 2024.”
IROBOT CORP

IROBOT CORP reported first quarter ended March 30, 2024 results: revenue $150.0 million, EPS $0.30. Guidance reaffirmed.

“(NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the first quarter ended March 30, 2024. First-Quarter Financial Highlights • Revenue of $150.0 million, compared with $160.3 million in Q1 of 2023. • GAAP net income per share was $0.30 compared with GAAP net loss per share of ($2.95) in Q1 of 2023. • Non-GAAP net loss per share”
HALO HALOZYME THERAPEUTICS, INC.

HALOZYME THERAPEUTICS, INC. reported the first quarter ended March 31, 2024 results: revenue $195.9 million, net income $76.8 million. Guidance reaffirmed.

“any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- HALOZYME REPORTS FIRST QUARTER 2024 FINANCIAL AND OPERATING RESULTS Revenue Increased 21% YOY to $196 million; Net Income of $77 million; Adjusted EBITDA of $116 million; GAAP Diluted EPS of $0.60 and Non-GAAP Diluted EPS of $0.79 1 Royalty Revenue Increased 21% YOY to $121 million”
SCOR COMSCORE, INC.

COMSCORE, INC. reported the quarter ended March 31, 2024 results: revenue $86.8 million, net income Net loss of $1.1 million, EPS $(1.08). Guidance reaffirmed.

“and evaluating media across platforms, today reported financial results for the quarter ended March 31, 2024. Q1 2024 Financial Highlights • Revenue for the first quarter was $86.8 million compared to $91.6 million in Q1 2023 • Net loss of $1.1 million compared to $8.7 million in Q1 2023 • Adjusted EBITDA of $8.1 million compared to $5.2 million in Q1 2023 •”
MDGL MADRIGAL PHARMACEUTICALS, INC.

MADRIGAL PHARMACEUTICALS, INC. reported financial results for first-quarter 2024.

“On May 7, 2024, Madrigal Pharmaceuticals, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the fiscal quarter ended March 31, 2024.”
PSIX POWER SOLUTIONS INTERNATIONAL, INC.

POWER SOLUTIONS INTERNATIONAL, INC. reported first quarter of 2024 results: revenue $95.2 million, net income $7.1 million, EPS $0.31.

“Today, Power Solutions International, Inc., reported results for the three months ended March 31, 2024 , with first quarter of 2024 net income of $7.1 million and diluted earnings per share of $0.31, compared to net income of $3.7 million and diluted earnings per share of $0.16 for the first quarter of 2023. Sales for the first quarter of 2024 were $95.2 million, a decrease of $21.2 million, or 18%, compared to the first quarter of 2023”
SYNCHRONOSS TECHNOLOGIES INC

SYNCHRONOSS TECHNOLOGIES INC reported its first quarter ended March 31, 2024 results: revenue $43.0 million, net income $2.3 million, EPS $0.23. Guidance reaffirmed.

“except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Synchronoss Technologies Reports First Quarter 2024 Results Q1 Revenue Grew to $43.0 Million, Surpassing 91% Recurring Revenue GAAP Gross Margin Expands to 67%; Adjusted Gross Margin Rises to 76% Streamlined Operations Improve Profitability with Net Income Increasing by”
CYRX Cryoport, Inc.

Cryoport, Inc. reported the first quarter ended March 31, 2024 results: revenue $54.6 million, net income $0.43 per share, EPS $0.43 per share. Guidance reaffirmed.

“filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm2413756d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Cryoport Reports First Quarter 2024 Financial Results § Q1 2024 revenue of $54.6 million § 9% year-over-year increase in Commercial Cell & Gene Therapy revenue § 9% year-over-year increase in BioStorage/BioServices revenue § A total of 675 global clinical trials”
HBIO HARVARD BIOSCIENCE INC

HARVARD BIOSCIENCE INC reported first quarter ended March 31, 2024 results: revenue $24.5, net income $(4.7), EPS $(0.11) per diluted share.

“continue to expect solid growth in the second half.” Financial Results Summary Three Months Ended March 31, (unaudited, $ in millions except per share data) 2024 2023 Revenues $ 24.5 $ 30.0 Gross margin 60.3 % 61.2 % Operating (loss) income (GAAP) $ (2.3 ) $ 1.7 Adjusted operating income $ 1.2 $ 4.4 Net (loss) income (GAAP) $ (4.7 ) $ 0.6 Diluted (loss)”
AVNT AVIENT CORP

AVIENT CORP reported first quarter of 2024 results: revenue sales of $829.0 million, EPS GAAP EPS from continuing operations of $0.54. Guidance raised.

“AVNT), a leading provider of specialized and sustainable materials solutions, today announced its first quarter results for 2024. The company reported first quarter sales of $829.0 million compared to $845.7 million in the prior year quarter. First quarter GAAP earnings per share (EPS) from continuing operations was $0.54 compared to $0.23 in the prior year”
ON24 INC.

ON24 INC. reported the first quarter ended March 31, 2024 results: revenue $37.7 million, net income $(0.26) per diluted share.

“shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- ON24 Announces First Quarter 2024 Financial Results • Achieved Total Revenue of $37.7 million and exceeded profitability targets for 4th consecutive quarter • Continued signs of stabilization in customer base driven by positive trends in gross retention • Strong”
CRIS CURIS INC

CURIS INC reported first quarter ended March 31, 2024 results: revenue $2.1 million, net income net loss of $11.9 million or $2.05 per share on both a basic and diluted basis.

“For the first quarter of 2024, Curis reported a net loss of $11.9 million or $2.05 per share on both a basic and diluted basis as compared to $11.6 million or $2.39 per share on both a basic and diluted basis, for the same period in 2023. Revenues for the first quarter of 2024 were $2.1 million as compared to $2.3 million for the same period in 2023.”
QLYS QUALYS, INC.

QUALYS, INC. reported the first quarter ended March 31, 2024 results: revenue $145.8 million, net income $39.7 million, EPS $1.05 per diluted share. Guidance raised.

“For the quarter, the Company reported revenues of $145.8 million, net income under United States Generally Accepted Accounting Principles (“U.S. GAAP”) of $39.7 million, non-GAAP net income of $54.7 million, Adjusted EBITDA of $69.0 million, GAAP net income per diluted share of $1.05, and non-GAAP net income per diluted share of $1.45.”
AGEN AGENUS INC

AGENUS INC reported financial results for the quarter ended March 31, 2024.

“On May 7, 2024, Agenus Inc. announced its financial results for the quarter ended March 31, 2024. In connection with the announcement, the Company issued a press release, which is being furnished as Exhibit 99.1 to this current report on Form 8-K.”
YORW YORK WATER CO

YORK WATER CO reported the first quarter of 2024 results: revenue $17,628,000, net income $4,327,000, EPS $0.30.

“The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2024. President Hand reported that first quarter operating revenues of $17,628,000 increased $2,227,000 and net income of $4,327,000 increased $674,000 compared to the first quarter of 2023. Basic and Diluted Earnings per share of $0.30 for the three-month period increased $0.04 compared to the same period last year.”
KTOS KRATOS DEFENSE & SECURITY SOLUTIONS, INC.

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. reported first quarter 2024 results: revenue $277.2 million, net income Net Income attributable to Kratos of $1.3 million, EPS $0.01.

“Kratos Reports First Quarter 2024 Financial Results First Quarter 2024 Revenues of $277.2 Million Increased 19.6 Percent over First Quarter 2023 Revenues of $231.8 Million, including 19.5 Percent Organic Growth”
CPIX CUMBERLAND PHARMACEUTICALS INC

CUMBERLAND PHARMACEUTICALS INC reported the three months ended March 31, 2024 results: revenue $8.5 million.

“Pharmaceuticals Inc. (Nasdaq: CPIX), a specialty pharmaceutical company, today announced that its product portfolio of FDA-approved brands delivered combined revenues of $8.5 million during the first quarter of 2024. The company ended the quarter with $82 million in total assets, $54 million in total liabilities and $27 million of shareholders’ equity. “It”
ASTH Astrana Health, Inc.

Astrana Health, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“On May 7, 2024, Astrana Health, Inc. (the "Company") issued a press release announcing its financial results for the three months ended March 31, 2024. A copy of the press release and supplemental data is furnished with this Current Report on Form 8-K as Exhibit 99.1 and Exhibit 99.2, respectively, and incorporated herein by reference.”
NOVT NOVANTA INC

NOVANTA INC reported first quarter 2024 results: revenue $231 million, net income $15 million, EPS $0.41.

“EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE May 7, 2024 Novanta Announces Financial Results for the First Quarter 2024 • First Quarter 2024 GAAP Revenue of $231 million • First Quarter 2024 GAAP Net Income of $15 million • First Quarter 2024 GAAP Diluted Earnings Per Share of $0.41 • First Quarter 2024 Adjusted Earnings Per Share of $0.74 •”
CXDO Crexendo, Inc.

Crexendo, Inc. reported the first quarter ended March 31, 2024 results: revenue $14.3 million, net income $434,000, or $0.02 per basic common share and $0.01 per diluted common share, EPS $0.02 per basic common share and $0.01 per diluted common share.

“size business, today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial highlights: · Total revenue increased 14% year-over-year to $14.3 million · GAAP net income of $434,000, or $0.02 per basic common share and $0.01 per diluted common share · Non-GAAP net income of $1.9 million, or $0.07 per basic common share and $0.06”
CFBK CF BANKSHARES INC.

CF BANKSHARES INC. reported the first quarter ended March 31, 2024 results: net income $3.1 million ( $0.47 per diluted common share ), EPS $0.47 per diluted common share.

“CF Bankshares Inc. (NASDAQ: CFBK) (the “Company”), the parent of CFBank, National Association (“CFBank”), today announced financial results for the first quarter ended March 31, 2024.”
BRK-B BERKSHIRE HATHAWAY INC

BERKSHIRE HATHAWAY INC reported first quarter ended March 31, 2024 results: net income $ 12,702, EPS $ 8,825.

“On May 4, 2024, Berkshire Hathaway Inc. issued a press release announcing the Company’s earnings for the first quarter ended March 31, 2024.”
WEYS WEYCO GROUP INC

WEYCO GROUP INC reported the quarter ended March 31, 2024 results: revenue $71.6 million, net income $6.7 million, EPS $0.69 per diluted share.

“(NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended March 31, 2024. ​ First Quarter 2024 Consolidated net sales were $71.6 million, down 17% compared to record first-quarter sales of $86.3 million in 2023. Consolidated gross earnings increased to 44.7% of net sales compared to 43.1% of net sales in last”
LEU CENTRUS ENERGY CORP

CENTRUS ENERGY CORP reported the three months ended March 31, 2024 results: revenue $43.7 million, net income $6.1 million, EPS $0.38 (basic and diluted) per common share.

“Centrus Reports First Quarter 2024 Results • Net loss of $6.1 million on $43.7 million in revenue”
HCKT HACKETT GROUP, INC.

HACKETT GROUP, INC. reported first quarter ended March 29, 2024 results: revenue $77.2 million, EPS $0.32.

“total revenue in the first quarter of 2024 was $77.2 million”
AWR AMERICAN STATES WATER CO

AMERICAN STATES WATER CO reported the quarter ended March 31, 2024 results: EPS $0.62 per share.

“American States Water Company (NYSE:AWR) today reported basic and fully diluted earnings per share of $0.62 for the quarter ended March 31, 2024, as compared to basic and fully diluted earnings per share of $0.93 for the quarter ended March 31, 2023”
CIX COMPX INTERNATIONAL INC

COMPX INTERNATIONAL INC reported the first quarter of 2024 results: revenue $38.0 million, net income $3.7 million, EPS $.31 per basic and diluted common share.

“CompX International Inc. (NYSE American: CIX) announced today sales of $38.0 million for the first quarter of 2024 compared to $41.2 million in the same period of 2023. Operating income was $3.7 million in the first quarter of 2024 compared to $7.0 million in the same period of 2023. Net income was $3.7 million, or $.31 per basic and diluted common share, for the first quarter of 2024 compared to $6.1 million, or $.49 per basic and diluted common share, in the same period of 2023.”
MRCY MERCURY SYSTEMS INC

MERCURY SYSTEMS INC reported the third quarter ended March 29, 2024 results: revenue $208.3 million, net income ($44.6) million, EPS ($0.77).

“Mercury Systems Reports Third Quarter Fiscal 2024 Results • Q3 FY24 Bookings of $219.9 million; book-to-bill ratio of 1.06 • Q3 FY24 Revenue of $208.3 million; GAAP net loss and adjusted EBITDA ($44.6) million and ($2.4) million, respectively”
SLNG Stabilis Solutions, Inc.

Stabilis Solutions, Inc. reported financial results for the first quarter ended March 31, 2024.

“Stabilis Solutions, Inc. (the “Company”) issued a press release announcing information regarding its results of operations and financial condition for the three months ended March 31, 2024.”
RIGL RIGEL PHARMACEUTICALS INC

RIGEL PHARMACEUTICALS INC reported first quarter ended March 31, 2024 results: revenue $29.5 million.

“2 tm2413689d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rigel Reports First Quarter 2024 Financial Results and Provides Business Update · First quarter 2024 total revenue of $29.5 million, which includes TAVALISSE ® net product sales of $21.1 million and REZLIDHIA ® net product sales of $4.9 million · Expanded Rigel's portfolio with acquisition of GAVRETO ® , a”
SRE SEMPRA

SEMPRA reported financial results for the three months ended March 31, 2024.

“On May 7, 2024, Sempra issued a press release announcing its financial results for the three months ended March 31, 2024.”
GULF ISLAND FABRICATION INC

GULF ISLAND FABRICATION INC reported first quarter 2024 results: revenue $42.9 million, net income $6.2 million. Guidance reaffirmed.

“fabricator and service provider to the industrial and energy sectors, today announced results for the first quarter 2024. FIRST QUARTER 2024 SUMMARY • Consolidated revenue of $42.9 million • Consolidated net income of $6.2 million; Adjusted EBITDA of $3.7 million • Services Division operating income of $2.9 million; EBITDA of $3.3 million • Fabrication Division”
VECO VEECO INSTRUMENTS INC

VEECO INSTRUMENTS INC reported the quarter ended March 31, 2024 results: revenue $174.5 million, net income $21.9 million, EPS $0.37 per diluted share. Guidance reaffirmed.

“VEECO REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS ​ First Quarter 2024 Highlights: ​ ● Revenue of $174.5 million, compared with $153.5 million in the same period last year ● GAAP net income of $21.9 million, or $0.37 per diluted share, compared with $8.7 million, or $0.17 per diluted share in the same period last year”
BSY BENTLEY SYSTEMS INC

BENTLEY SYSTEMS INC reported first quarter ended March 31, 2024 results: revenue $337.8 million, EPS $0.22.

“BSY), the infrastructure engineering software company, today announced results for its first quarter ended March 31, 2024. First Quarter 2024 Results • Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; • Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; •”
ROK ROCKWELL AUTOMATION, INC

ROCKWELL AUTOMATION, INC updated its fiscal year ended September 30, 2024 guidance (lowered).

“Updates fiscal 2024 reported sales growth guidance to (6.0)% - (4.0)%; organic sales growth to (8.0)% - (6.0)%”
ROK ROCKWELL AUTOMATION, INC

ROCKWELL AUTOMATION, INC reported quarter ended March 31, 2024 results: revenue $2,126 million, net income $266 million, EPS $2.31 per share.

“important product lines and in North America, our largest market," said Blake Moret, Chairman and CEO. Fiscal Q2 2024 Financial Results Fiscal 2024 second quarter sales were $2,126 million, down 6.6% from $2,275 million in the second quarter of fiscal 2023. Organic sales decreased 8.1%, currency translation increased sales by 0.1%, and acquisitions increased sales”
TACT TRANSACT TECHNOLOGIES INC

TRANSACT TECHNOLOGIES INC reported the first quarter ended March 31, 2024 results: revenue $10.7 million, net income $(1.0) million, EPS $(0.10) per diluted share. Guidance initiated.

“with our existing products and to enter new markets further down the road.” First Quarter 2024 Financial Highlights • Net Sales : Net sales for the first quarter of 2024 were $10.7 million, down as expected due to the pull back in Casino and Gaming. The results were down 52% compared to $22.3 million for the first quarter of 2023 largely as a result of the expected”
NRG NRG ENERGY, INC.

NRG ENERGY, INC. reported the quarter ended March 31, 2024 results: net income $511 million. Guidance reaffirmed.

“NRG Energy, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2024.”
UFCS UNITED FIRE GROUP INC

UNITED FIRE GROUP INC reported first quarter 2024 results: revenue $321.3 million, net income $13.5 million, EPS $0.52 per diluted share.

“United Fire Group, Inc. (the "Company" or "UFG") (Nasdaq: UFCS) today reported financial results for the three-month period ended March 31, 2024 (the "first quarter of 2024") with a consolidated net income of $13.5 million ($0.52 per diluted share) and consolidated adjusted operating income of $0.56 per diluted share. "I am pleased with our first quarter results as net income increased to $13.5 million driven by improved underwriting results and higher investment income," said UFG President and CEO Kevin Leidwinger. "The momentum we established in 2023 carried into the first quarter of 2024 as net written premium grew 17.6% to $321.3 million, led by our core commercial and assumed reinsurance business units.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.