Abacus life reports third quarter 2024 results

- delivered continued revenue and profitability growth while executing on strategic initiatives - - third quarter 2024 total revenue grows 33% year-over-year to $28.1 million - - due to non-cash increase in warrant liability of $8.7m; gaap net loss of $5.1m - - adjusted net income grows 65% year-over-year to $14.9 million - - adjusted ebitda grows 54% year-over-year to $16.7 million - orlando, fla., nov. 07, 2024 (globe newswire) -- abacus life, inc. (“abacus” or the “company”) (nasdaq: abl), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today reported results for the third quarter ended september 30, 2024.
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