earnings
confidence high
sentiment positive
materiality 0.75
Abacus Life expects Q2 revenue $28-30M (146-163% YoY growth); Adj. EBITDA $15-17M
Abacus Global Management, Inc.
2024-Q2 EPS reported
-$0.01
revenue$50,563,286
- Total revenue guided $28-30M for Q2 2024, up 146-163% YoY.
- Adjusted EBITDA expected $15-17M, up 64-86% YoY; net income $0-1M.
- Completed public offering generating over $90M net proceeds for growth.
- New distribution partnership with AIMCOR; agreement to acquire Carlisle Management Company.