Ryan Specialty Q1 revenue up 18.3% to $457.6M; net income doubles to $36.5M

RYAN SPECIALTY HOLDINGS, INC.

Total revenue $457.6M (+18.3% YoY); organic growth 12.9%.
Net income $36.5M (vs $18.1M), diluted EPS $0.11; adjusted diluted EPS $0.26 (+8.3%).
Adjusted EBITDAC $125.0M (+16.5%), margin 27.3% vs 27.7% prior year.
CEO notes broad-based growth led by Property in historically hard market.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RYAN SPECIALTY HOLDINGS, INC. reported first quarter ended March 31, 2023 results: revenue $457.6 million, net income $36.5 million, EPS $0.11 per diluted share.

Period: first quarter ended March 31, 2023
Revenue: $457.6 million
Net income: $36.5 million
EPS: $0.11 per diluted share
Result: reported results

Exact text from the filing

set forth by specific reference in such filing. --- EX-99 (EX-99.1) --- EX-99 RYAN SPECIALTY REPORTS FIRST QUARTER 2023 RESULTS - Total Revenue grew 18.3% year-over-year to $457.6 million - - Organic Revenue Growth Rate of 12.9% year-over-year - - Net Income of $36.5 million, or $0.11 per diluted share - - Adjusted EBITDAC grew 16.5% year-over-year to $125.0

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RYAN SPECIALTY HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0000950170-23-017896

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