Business
Abacus Global Management, Inc. Reports First Quarter 2026 Results
~ Raises Full-Year 2026 Adjusted Net Income1 Guidance to $100–$106 Million, Up to 24% Increase Year-Over-Year; Issues Q2 Adjusted Net Income Guidance of $24–$26 Million ~ ~ Issues Full-Year 2026 Adjusted EPS1 Guidance of $1.00–$1.05; Q2 Adjusted EPS Guidance of $0.24–$0.26 ~ ~ Generates $91.7 Million in Operating Cash Flow, an Increase of More Than $153 Million Year-Over-Year ~ ~ Longevity Income Funds AUM Grows Nearly 4x Year-Over-Year to Approximately $1 Billion ~ ~ Adjusted Net Income1 Increa
About this update from Abacus Global Management, Inc.
[{"type":"image","alt":"Abacus Global Management","displaySize":"","headline":null,"caption":"Abacus Global Management","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":182,"url":"https://media.zenfs.com/en/globenewswire.com/8f62b48b3ecfbb49a9a33ed3669ed19e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/YBHka2sFPLqBincMtw2aog--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI1NQ--/https://media.zenfs.com/en/globenewswire.com/8f62b48b3ecfbb49a9a33ed3669ed19e","width":300,"height":182},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/YBHka2sFPLqBincMtw2aog--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTI1NQ--/https://media.zenfs.com/en/globenewswire.com/8f62b48b3ecfbb49a9a33ed3669ed19e","width":300,"height":182}},"lazy":false},{"type":"text","content":"~ Raises Full-Year 2026 Adjusted Net Income1 Guidance to $100–$106 Million, Up to 24% Increase Year-Over-Year; Issues Q2 Adjusted Net Income Guidance of $24–$26 Million ~","length":170,"tagName":"p"},{"type":"text","content":"~ Issues Full-Year 2026 Adjusted EPS1 Guidance of $1.00–$1.05; Q2 Adjusted EPS Guidance of $0.24–$0.26 ~","length":104,"tagName":"p"},{"type":"text","content":"~ Generates $91.7 Million in Operating Cash Flow, an Increase of More Than $153 Million Year-Over-Year ~","length":104,"tagName":"p"},{"type":"text","content":"~ Longevity Income Funds AUM Grows Nearly 4x Year-Over-Year to Approximately $1 Billion ~","length":89,"tagName":"p"},{"type":"text","content":"~ Adjusted Net Income1 Increases 17% Year-Over-Year to $20.1 Million; Adjusted EBITDA1 Grows 33.3% to $32.7 Million ~","length":117,"tagName":"p"},{"type":"text","content":"ORLANDO, Fla., May 07, 2026 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (“Abacus” or the “Company”) (NYSE: ABX), a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services with a focus on longevity-based assets and personalized financial planning, today reported results for the first quarter ended March 31, 2026.","length":418,"tagName":"p"},{"type":"text","content":"Jay Jackson, Chief Executive Officer of Abacus commented, “This quarter, the results reflect both the execution of our platform and the moment this asset class is having. Gross AUM reached approximately $3.6 billion on $378 million of gross capital inflows, longevity income f...