Brief: Hagerty Reports Third Quarter 2023 Results Increases 2023 Outlook
Nov 8 (Reuters) - Hagerty Inc HGTY.N :
* HAGERTY REPORTS THIRD QUARTER 2023 RESULTS; INCREASES 2023
OUTLOOK
* Q3 2023 TOTAL REVENUE INCREASED 27% TO $275.6 MILLION
* NOW EXPECT TO HIT UPPER END OF OUR PRIOR FULL YEAR REVENUE
GUIDANCE OF 23-27%
* INCREASING OUR 2023 OUTLOOK FOR BOTH NET INCOME AND
ADJUSTED
EBITDA
* FY2023 REVENUE VIEW $985.8 MILLION -- LSEG IBES DATA
Source text for Eikon: ID:nPn1tBbzSa
Further company coverage: HGTY.N
((Reuters.Briefs@thomsonreuters.com;))
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