Reports Q2 revenue $1.0B, consensus $988.77M. “Our results for the second quarter reflect strong execution by our teammates throughout our business,” said CEO Jerry Gahlhoff, Jr. “The demand environment is healthy, and we saw double-digit revenue growth across all major service lines. As we start the second half of the year, we are focused on driving growth while also improving profitability. We remain well-positioned to deliver strong results in 2025 and beyond”. “In addition to double-digit revenue and adjusted earnings growth, cash flow compounded at a healthy rate,” said Kenneth Krause, CFO. “While EBITDA margins were pressured from developments on legacy auto claims by 70 basis points in the quarter, our underlying operations yielded healthy margin performance. Additionally, we continue to execute a balanced capital allocation program enabled by compounding cash flow, a strong balance sheet, and access to investment grade credit markets”.
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