Stock Track | Abacus Global Management Soars 7.55% After Hours on Strong Q4 Results and Positive 2025 Outlook-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

Stock Track | Abacus Global Management Soars 7.55% After Hours on Strong Q4 Results and Positive 2025 Outlook

Stock Track03-27

Shares of Abacus Global Management (NASDAQ: ABL) jumped 7.55% in after-hours trading on Thursday following the release of the company's fourth quarter and full-year 2024 financial results, which exceeded analyst expectations, and the announcement of a positive outlook for 2025.

The alternative asset management firm reported total revenue for Q4 2024 of $33.2 million, marking a 40% increase year-over-year and surpassing the analyst consensus estimate of $29.76 million. Despite posting a GAAP net loss of $18.3 million for the quarter, Abacus's adjusted net income more than doubled to $13.4 million, compared to $5.9 million in the prior-year period.

Investors were particularly encouraged by Abacus's 2025 outlook. The company initiated guidance for full-year 2025 adjusted net income to be between $70 million and $78 million, implying growth of 51% to 68% compared to the full year 2024 adjusted net income of $46.5 million. This strong projection, coupled with the company's record full-year revenue growth of 69% in 2024, appears to have fueled the after-hours stock surge.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Like

Report

Comment

empty

No comments yet

抱歉，当前请求异常(-1)

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1134543509?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-28 04:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1134543509","market":"us","top_or_hot":-1,"title":"Stock Track | Abacus Global Management Soars 7.55% After Hours on Strong Q4 Results and Positive 2025 Outlook","media":"Stock Track","content":"<p>Shares of Abacus Global Management (NASDAQ: ABL) jumped 7.55% in after-hours trading on Thursday following the release of the company's fourth quarter and full-year 2024 financial results, which exceeded analyst expectations, and the announcement of a positive outlook for 2025.</p>\n\n<p>The alternative asset management firm reported total revenue for Q4 2024 of $33.2 million, marking a 40% increase year-over-year and surpassing the analyst consensus estimate of $29.76 million. Despite posting a GAAP net loss of $18.3 million for the quarter, Abacus's adjusted net income more than doubled to $13.4 million, compared to $5.9 million in the prior-year period.</p>\n\n<p>Investors were particularly encouraged by Abacus's 2025 outlook. The company initiated guidance for full-year 2025 adjusted net income to be between $70 million and $78 million, implying growth of 51% to 68% compared to the full year 2024 adjusted net income of $46.5 million. This strong projection, coupled with the company's record full-year revenue growth of 69% in 2024, appears to have fueled the after-hours stock surge.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Abacus Global Management Soars 7.55% After Hours on Strong Q4 Results and Positive 2025 Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Abacus Global Management Soars 7.55% After Hours on Strong Q4 Results and Positive 2025 Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-03-28 04:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Abacus Global Management (NASDAQ: ABL) jumped 7.55% in after-hours trading on Thursday following the release of the company's fourth quarter and full-year 2024 financial results, which exceeded analyst expectations, and the announcement of a positive outlook for 2025.</p>\n\n<p>The alternative asset management firm reported total revenue for Q4 2024 of $33.2 million, marking a 40% increase year-over-year and surpassing the analyst consensus estimate of $29.76 million. Despite posting a GAAP net loss of $18.3 million for the quarter, Abacus's adjusted net income more than doubled to $13.4 million, compared to $5.9 million in the prior-year period.</p>\n\n<p>Investors were particularly encouraged by Abacus's 2025 outlook. The company initiated guidance for full-year 2025 adjusted net income to be between $70 million and $78 million, implying growth of 51% to 68% compared to the full year 2024 adjusted net income of $46.5 million. This strong projection, coupled with the company's record full-year revenue growth of 69% in 2024, appears to have fueled the after-hours stock surge.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ABL","symbol_name":"Abacus Global Management","start_time":0,"source_url":"","article_id":"1134543509","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134543509","pubTimestamp":1743109106,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Abacus Global Management  jumped 7.55% in after-hours trading on Thursday following the release of the company's fourth quarter and full-year 2024 financial results, which exceeded analyst expectations, and the announcement of a positive outlook for 2025.The alternative asset management firm reported total revenue for Q4 2024 of $33.2 million, marking a 40% increase year-over-year and surpassing the analyst consensus estimate of $29.76 million. Despite posting a GAAP net loss of $18.3 ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ABL":"Abacus Global Management"},"translate_title":"股票赛道Abacus Global Management盘后飙升7.55%，第四季度业绩强劲，2025年前景乐观","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ABL":1},"content_text":"Shares of Abacus Global Management (NASDAQ: ABL) jumped 7.55% in after-hours trading on Thursday following the release of the company's fourth quarter and full-year 2024 financial results, which exceeded analyst expectations, and the announcement of a positive outlook for 2025.\nThe alternative asset management firm reported total revenue for Q4 2024 of $33.2 million, marking a 40% increase year-over-year and surpassing the analyst consensus estimate of $29.76 million. Despite posting a GAAP net loss of $18.3 million for the quarter, Abacus's adjusted net income more than doubled to $13.4 million, compared to $5.9 million in the prior-year period.\nInvestors were particularly encouraged by Abacus's 2025 outlook. The company initiated guidance for full-year 2025 adjusted net income to be between $70 million and $78 million, implying growth of 51% to 68% compared to the full year 2024 adjusted net income of $46.5 million. This strong projection, coupled with the company's record full-year revenue growth of 69% in 2024, appears to have fueled the after-hours stock surge.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}