Hagerty, Inc. (HGTY) Reports In-Line Q1 EPS

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Hagerty Reports First Quarter 2023 Results

May 9, 2023 7:00 AM EDT

On Track to Deliver Strong Growth and Improved Profitability in 2023

First quarter 2023 Total Revenue increased 30% year-over-year to $218.4 millionFirst quarter 2023 Written Premium increased 18% year-over-year to $182.9 millionFirst quarter 2023 Membership, marketplace and other revenue increased 63% year-over-year to $26.5 millionFirst quarter 2023 Net Income (Loss) was $(15.0) million compared to $15.9 million in the prior year periodFirst quarter 2023 Adjusted EBITDA of $6.7 million, an increase of $12.7 million compared to... More