Brown & Brown Inc. posted a 35.7% increase in first-quarter revenue, reaching $1.90 billion. While net profits rose, GAAP earnings per share saw a slight year-over-year decline.
- Q1 revenue rose 35.7% to $1.90 billion
- Net profit increased to $426 million from $331 million
- GAAP EPS decreased to $1.06 from $1.15
- Adjusted earnings reported at $1.39 per share
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