Reports Q4 revenue $291.7M, consensus $279.58M. “2024 was another excellent year at Hagerty (HGTY) with 20% revenue growth fueled by a record 279,000 new members. We are also investing to improve Hagerty and become more efficient in how we deliver on our brand promise to members and maintain our industry leading net promoter score of 82. These initiatives allowed us to translate revenue growth into even higher rates of profit growth, with net income up 178% and Adjusted EBITDA up 41%,” said McKeel Hagerty, CEO and Chairman of Hagerty.
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