Hagerty swings to profits with Q1 $15.9mn net income

May 09, 2022

Classic car underwriter Hagerty has swung to a $15.9mn net profit during the first quarter of 2022 from the $6.9mn loss it reported a year earlier.

The company’s revenue per customer increased by over 20% to $134, as its paid membership count rose 7.9% to over 1.25

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Topics

News Hagerty Earnings

Jairo Ibarra

Senior Reporter