Hagerty, Inc. (HGTY) Tops Q3 EPS by 2c, Offers Guidance

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Hagerty Reports Third Quarter 2023 Results; Increases 2023 Outlook

November 8, 2023 7:00 AM EST

Third quarter 2023 Total Revenue increased 27% to $275.6 million compared to the prior year period and year-to-date 2023 Total Revenue increased 28% to $755.2 million compared to the prior year periodThird quarter 2023 Written Premium increased 15% year-over-year to $255.6 million, and year-to-date 2023 Written Premium increased 16% to $714.3 million compared to the prior year periodThird quarter 2023 Membership, marketplace and other revenue increased 37% year-over-year to $32.6 million, and year-to-date 2023 Membership, marketplace and other revenue increased 47% to $82.7 million compared to the prior year periodThird quarter 2023 Net Income decreased 23% to $18.6... More