Abacus Life, Inc.

ABL

US00258Y1047

Multiline Insurance & Brokers

Market Closed - Nasdaq Other stock markets 04:30:00 2024-04-29 pm EDT			5-day change	1st Jan Change
11.84 ^USD	-0.75%		-0.25%	+22.57%

Apr. 02	Abacus Life, Inc. Appoints Elena Plesco as Chief Capital Officer	CI
Mar. 21	Abacus Life, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Abacus Life, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

August 14, 2023 at 08:32 am EDT

Abacus Life, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 11.38 million compared to USD 8.4 million a year ago. Net income was USD 6.75 million compared to USD 4.68 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.09 a year ago.
For the six months, revenue was USD 21.58 million compared to USD 18.28 million a year ago. Net income was USD 14.84 million compared to USD 11.52 million a year ago. Basic earnings per share from continuing operations was USD 0.29 compared to USD 0.23 a year ago.

Latest news about Abacus Life, Inc.

Abacus Life, Inc. Appoints Elena Plesco as Chief Capital Officer	Apr. 02	CI
Abacus Life, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 21	CI
Earnings Flash (ABL) ABACUS LIFE Posts Q4 Revenue $23.6M	Mar. 21	MT
Tranche Update on Abacus Life, Inc.'s Equity Buyback Plan announced on December 12, 2023.	Mar. 21	CI
Abacus Life, Inc. announces an Equity Buyback for $15 million worth of its shares.	Dec. 12	CI
Abacus Life, Inc. authorizes a Buyback Plan.	Dec. 10	CI
Earnings Flash (ABL) ABACUS LIFE SETTLEMENTS Reports Q3 Revenue $21.1M	Nov. 13	MT
Earnings Flash (ABL) ABACUS LIFE SETTLEMENTS Posts Q3 EPS $0.14	Nov. 13	MT
Abacus Life, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Abacus Life, Inc. Launches New Wealth Division - ABL Wealth - in Association with Dynasty Financial Partners	Nov. 06	CI
Abacus Life, Inc. Appoints Vincent Pellegrino as Vice President of Capital Markets	23-09-19	CI
Abacus Life, Inc. Appoints Christopher Romaine as General Counsel	23-09-11	CI
Abacus Life, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Abacus Life, Inc. Appoints Seth Miller as Chief Revenue Officer	23-08-14	CI
Earnings Flash (ABL) ABACUS LIFE SETTLEMENTS Posts Q2 Revenue $18.3M	23-08-14	MT
Abacus Life Introduces Insurance-Policy Valuation Platform to Provide Open Access to Life-Settlement Process	23-08-08	MT
Abacus Life, Inc. Announces Launch of Abacus Marketplace	23-08-08	CI
Top Premarket Decliners	23-07-07	MT
Top Midday Decliners	23-07-05	MT
Abacus Life, Inc.(NasdaqCM:ABL) added to NASDAQ Composite Index	23-07-05	CI
East Resources Acquisition Completes Business Combination With Abacus Life, to Begin Trading Wednesday as Abicus Life Inc.	23-07-03	MT
East Resources Acquisition Company has Changed its Name to Abacus Life, Inc	23-07-03	CI
Abacus Settlements, LLC & Longevity Market Assets, LLC completed the acquisition of East Resources Acquisition Company from a group of shareholders in a reverse merger transaction.	23-06-29	CI
Abacus Life, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-05	CI
East Resources Acquisition Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-25	CI

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Company Profile

Abacus Life, Inc. is a vertically integrated alternative asset manager and market maker, specializing in longevity and actuarial technology. The Companyâs Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. It originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.

Sector

Multiline Insurance & Brokers

Calendar

2024-05-12 - Q1 2024 Earnings Release

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