Ryan Specialty Holdings Raises FY24 Revenue Growth From 12.5%-14% To 13%-14%
Portfolio Pulse from Benzinga Newsdesk
Ryan Specialty Holdings has updated its full year 2024 outlook, raising its Organic Revenue Growth Rate guidance to 13%-14% from the previous 12.5%-14% and its Adjusted EBITDAC Margin guidance to 32%-32.5% from the previous 31%-31.5%. This update incorporates the US Assure acquisition.
August 01, 2024 | 8:12 pm
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Ryan Specialty Holdings has raised its FY24 Organic Revenue Growth Rate guidance to 13%-14% and Adjusted EBITDAC Margin guidance to 32%-32.5%, reflecting the US Assure acquisition.
The raised guidance for both Organic Revenue Growth Rate and Adjusted EBITDAC Margin indicates a positive outlook for Ryan Specialty Holdings, likely boosting investor confidence and potentially driving the stock price up in the short term.
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