The company said total revenues for Q1 2024 (ended March 31) were $1,258 million, up $142 million, or 12.7% from a year earlier, and Organic Revenue growth was 8.6%.

1. 01

   The company said total revenues for Q1 2024 (ended March 31) were $1,258 million, up $142 million, or 12.7% from a year earlier, and Organic Revenue growth was 8.6%.

2. 02

   Brown & Brown said net income for Q1 2024 was $293 million, up $57 million, or 24.2%. It said diluted net income per share was $1.02, an increase of 22.9%, and Diluted Net Income Per Share - Adjusted was $1.14, an increase of 18.8%.

3. 03

   The company said EBITDAC - Adjusted for Q1 2024 was $466 million, up 17.1% from a year earlier. It said EBITDAC Margin - Adjusted was 37.0% (35.7% a year earlier), and Income Before Income Taxes Margin was 28.9% (26.3% a year earlier).

4. 04

   The company said net cash provided by operating activities for Q1 2024 was $13 million ($60 million a year earlier). It also said it will pay a quarterly cash dividend of $0.13 per share on May 15, 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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