earnings
confidence high
sentiment positive
materiality 0.70
Ryan Specialty Q1 revenue up 24.2% to $386.9M; organic growth 20.1%
RYAN SPECIALTY HOLDINGS, INC.
- Net income of $18.1M ($0.06 diluted EPS) vs net loss of $3.8M a year ago.
- Adjusted net income rose 13.3% to $64.7M; adjusted diluted EPS $0.24.
- Adjusted EBITDAC grew 13.6% to $107.3M; margin 27.7% vs 30.3% prior year.
- Organic revenue growth rate accelerated to 20.1% from 18.4% in Q1 2021.
- Total operating expenses up 26.5%; compensation ratio increased to 70.9%.