Ryan Specialty Hldgs Inc - RYAN STOCK NEWS

Ryan Specialty Holdings will have its Chairman & CEO, Patrick G. Ryan, President Timothy W. Turner, and CFO Jeremiah R. Bickham speak at the KBW Insurance Conference on September 8, 2022, at 9:05 AM Eastern Time. This event will be broadcast via a live webcast on Ryan Specialty's website, with a replay available for 90 days post-event. Founded in 2010, Ryan Specialty offers specialty insurance solutions for brokers and carriers, focusing on distribution, underwriting, and risk management services.

Ryan Specialty Holdings reported a 26.0% year-over-year increase in total revenue, reaching $491.3 million in Q2 2022, driven by strong organic growth of 22.3%. Net income rose 10.6% to $70.1 million, or $0.22 per diluted share. Adjusted EBITDAC grew 18.2% to $166.1 million, with a margin of 33.8%. The company raised its full-year outlook for organic revenue growth to 16.5% - 18.0% and EBITDAC margin to 29.0% - 30.0%. As of June 30, 2022, cash and equivalents stood at $866.7 million.

Ryan Specialty Holdings (NYSE: RYAN) will announce its Second Quarter 2022 financial results on August 11, 2022, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results, which will be accessible via a live webcast on its investor relations website. Investors can dial in at (877) 451-6152 (toll-free) or (201) 389-0879 (international) to participate. A replay of the call will be available for one year after the event.

Ryan Specialty Group Holdings (NYSE: RYAN) will present at the William Blair Growth Stock Conference on June 9, 2022, at 11:00 AM Eastern Time. The presentation will feature Chairman and CEO Pat Ryan, President Tim Turner, and CFO Jeremiah Bickham. Interested parties can access the live webcast through the Ryan Specialty website, with a replay available for 90 days post-event. Founded in 2010, Ryan Specialty specializes in providing innovative insurance solutions, acting as a wholesale broker and managing underwriter, targeting brokers, agents, and carriers.

Ryan Specialty Group Holdings (NYSE: RYAN) announced a name change to Ryan Specialty Holdings, effective June 6, 2022. The ticker symbol 'RYAN' will remain unchanged. CEO Patrick G. Ryan stated that this change aligns with the firm's refreshed brand and better reflects its forward-looking aspirations as a public company. Founded in 2010, Ryan Specialty is a provider of specialty insurance products and solutions, aiming to deliver innovative services for insurance brokers, agents, and carriers.

Ryan Specialty Group Holdings reported a strong first quarter for 2022, with total revenue soaring 24.2% year-over-year to $386.9 million.

The organic revenue growth rate was 20.1%, bolstered by new client acquisitions and market expansion. Net income rebounded to $18.1 million, compared to a loss in the previous year, with diluted earnings per share at $0.06.

Despite a rise in operating expenses (26.5%), the company's adjusted EBITDAC grew 13.6% to $107.3 million, showing solid margins and a positive outlook for 2022.

Ryan Specialty Group Holdings (NYSE: RYAN) will release its First Quarter 2022 financial results on May 12, 2022, after market close. A conference call to discuss these results is scheduled for 5:00 PM ET the same day, with a live webcast available on the company's investor relations website. Founded in 2010, Ryan Specialty offers specialty insurance products and services, acting as a wholesale broker and managing underwriter. For more information, visit ir.ryansg.com.

Ryan Specialty Group Holdings reported a 15.8% increase in total revenue for Q4 2021, reaching $378.5 million. The organic revenue growth rate was 15.4%, with net income at $29.6 million compared to a net loss of $3.5 million in the prior year. Adjusted EBITDAC rose 18.2% to $120.3 million, and adjusted net income grew 24.1% to $77 million. Full-year revenue increased by 41% to $1.4 billion. The company anticipates a 2022 organic revenue growth rate of 13.0% - 15.0% and an adjusted EBITDAC margin of 28.0% - 30.0%.

CyberCube has partnered with RT ProExec, a division of Ryan Specialty Group, to enhance their cyber risk analytics capabilities through the Broking Manager platform. This collaboration allows RT ProExec to better assess financial impacts from cyber events, streamlining insurance coverage decisions. The Broking Manager provides insightful reports on cyber risks, aiming to improve services for their clients and retailers. CyberCube specializes in cyber risk analytics within the insurance sector, offering advanced tools to manage and understand cyber exposures.