Abacus Life Second Quarter Revenue Jumps 30% – ExecEdge
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Abacus Life Second Quarter Revenue Jumps 30%
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Abacus Life Second Quarter Revenue Jumps 30%

By Daniella Parra

Abacus Life, Inc. (NASDAQ: ABL) said second quarter revenue climbed 30 percent from a year earlier to $18.3 Million.

The life insurance policy specialist said net income increased 40%, while adjusted EBITDA grew 33 percent to $8.8 Million, it said.

“In addition to our continued progress, we were very pleased to successfully complete our public listing post-quarter end, a milestone for our long-term growth ambitions,” said CEO Jay Jackson. “Our proven business model, expert team, and our wealth of data and innovative technology positions us well to execute on our strategic initiatives, take advantage of the many exciting opportunities that lie ahead, and ultimately create long-term value for our shareholders.”


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