Neptune Insurance Raises 2026 Revenue Outlook to $204 Million
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Neptune Insurance Holdings Inc. raised its 2026 revenue outlook to $204 million after third-quarter revenue rose 34.3%, and it issued its first revenue and profitability targets for 2027. Revenue reached $59.567 million in the quarter ended Sept. 30, up from $44.365 million a year earlier. The company released the results Oct. 20. Net income increased 49.9% to $17.256 million from $11.511 million in the year-earlier quarter. Diluted earnings were $0.12 per share under generally accepted accounting principles. Adjusted diluted earnings, a non-GAAP measure, were $0.17 per share. Adjusted net income rose 51.8% to $24.276 million.
Source: TokenPost
