$30.010
+0.768 (+2.56%)Al cierre
Noticias de TWFG
Eventos de TWFG
Company Reports Q2 Revenue of $87.51M
Reports Q2 revenue $87.51M, consensus $76.3M. "Our second quarter results demonstrate our focus on delivering double digit growth. Written premium grew 26.6% with revenue growth of 45.1%, and our Adjusted EBITDA Margin expanded to 30.4%. Growth was driven across our Agency-in-a-Box, Corporate Stores, and MGA programs, along with contributions from our recent acquisitions," said Gordy Bunch, CEO.
Raises FY26 Adjusted EBITDA Margin View to 23%-27%
Consensus $299.73M. Raises FY26 adjusted EBITDA margin view to 23%-27% from 22%-25%.
TWFG Acquires Fortress Insurance Services to Expand Operations
TWFG announced that it has acquired Fortress Insurance Services, adding four new agency locations and experienced insurance professionals to the TWFG family. "We are very pleased to welcome Fortress Insurance Services into the TWFG family," said Gordy Bunch, Chief Executive Officer of TWFG. "This acquisition reflects our disciplined approach to expanding the platform with high-quality agencies that have enduring client relationships, strong leadership, and operating models that align with how we create long-term value. Just as important, Fortress has built a reputation for integrity and service that fits our culture, and we're excited to partner with Jim Christensen and his team as we continue to scale responsibly."
Company Maintains FY26 Adjusted EBITDA Margin View at 22%-25%
Backs FY26 adjusted EBITDA margin view 22%-25%. The company said, "Operationally, we remain focused on the fundamentals that drive sustainable, profitable growth, including disciplined producer recruiting, deepening carrier partnerships, and continued investment in our proprietary technology to improve agent productivity and the client experience. Our premium retention in Insurance Services improved to 90% and our MGA platform continues to scale efficiently, contributing to expanding margins across the enterprise. We enter the remainder of 2026 with strong momentum, a healthy pipeline of inorganic opportunities, and confidence in our ability to deliver on our full-year guidance of 15% to 20% total revenue growth and 10% to 15% organic revenue growth."
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