Baldwin Insurance Group Reports Q1 Earnings with Mixed Financial Results
Baldwin Insurance Group (NASDAQ:BWIN) reported first-quarter revenue of $532 million and adjusted diluted EPS of $0.63, but experienced a decline in adjusted EBITDA margin by ~170 bps year-over-year to near 26%. The company noted organic growth challenges due to transitory headwinds while maintaining unchanged guidance for the remainder of the year.
Tickers: $BWIN
Topics: acquisitions ebitda insurance organic growth revenue growth