Abacus Global Management, Inc.

Abacus Global Management CEO Jay Jackson joined Steve Darling from Proactive to discuss the company’s strong first-quarter financial results and increased full-year guidance as momentum continues across its longevity-focused investment platform. Abacus reported first-quarter revenue of $59.4 million, representing a 35% increase from $44.1 million in the same period last year. Growth was driven primarily by continued expansion in the company’s Life Solutions segment. GAAP net income increased 59% year over year to $7.3 million, while adjusted net income rose 17% to $20.1 million. Adjusted earnings per share improved to $0.21 from $0.18 a year earlier, and adjusted EBITDA climbed 33.3% to $32.7 million. The company also generated strong cash flow during the quarter, with operating cash flow totaling $91.7 million compared to negative $61.6 million in the prior-year period. Management attributed the improvement to increased cash generation tied to expanding assets under management. Gross assets under management reached approximately $3.6 billion, supported by $378 million in gross capital inflows. Assets under management within Abacus’s longevity income funds grew nearly fourfold year over year to approximately $1 billion, while origination capital deployment increased 30% to $163.6 million. Jackson noted that the company’s longevity-based assets continue attracting institutional demand because they are “structurally uncorrelated to credit and equity cycles,” providing diversification benefits in varying market environments. Strategically, Abacus continues advancing several major initiatives, including its previously announced agreement to acquire an approximately $53 million minority stake in Manning & Napier, which manages roughly $18 billion in assets. The companies also plan to establish a strategic alliance focused on product distribution, referrals, and joint product development. The transaction is expected to close during the second quarter, pending regulatory approvals and customary closing conditions. As of March 31, the company reported cash and cash equivalents of $37.2 million and total outstanding debt of $330 million, net of deferred issuance costs and discounts. For the second quarter, management forecasts adjusted net income between $24 million and $26 million and adjusted EPS ranging from $0.24 to $0.26. #proactiveinvestors #abacusglobalmanagement #nasdaq #abl #EarningsBeat #FinancialGrowth #LifeSettlements #InvestorDemand #CashFlow #AssetManagement #Finance #Investing #AssetManagement #LifeSettlements #CapitalMarkets #FinancialResults #Growth #Investments #WealthManagement

The mean of analysts' price targets for Abacus Global Management, Inc. (ABX) points to a 43.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here is how Abacus Global Management, Inc. (ABX) and Equinix (EQIX) have performed compared to their sector so far this year.

ORLANDO, Fla., May 13, 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 announced that it will participate in the 26th Annual B. Riley Investor Conference, taking place May 20-21, 2026 at The Ritz Carlton in Marina

It's shaping up to be a tough period for Abacus Global Management, Inc. ( NYSE:ABX ), which a week ago released some...

Robert Phillips: Thank you, operator, and thank you, everyone, for joining Abacus Global Management's first quarter earnings call. Here with me today are Jay Jackson, Chairman and Chief Executive Officer; Elena Plesco, Chief Investment Officer; and Bill McCauley, Chief Financial and Chief Operating Officer. This afternoon at 4:15 p.m. Eastern Time, Abacus Global Management released our first quarter 2026 results.