05:27 PM EDT, 10/30/2024 (MT Newswires) -- Ryan Specialty Holdings ( RYAN ) reported Q3 adjusted net income late Wednesday of $0.41 per diluted share, up from $0.32 a year earlier.

Analysts polled by Capital IQ expected $0.41.

Revenue for the quarter ended Sept. 30 rose to $604.7 million from $501.9 million a year earlier.

Analysts surveyed by Capital IQ expected $601.1 million.

For 2024, the company continues to expect organic revenue to grow between 13% and 14%.

Separately, Ryan Specialty ( RYAN ) said it's in final discussions to acquire Innovisk Capital Partners from Abry Partners and BHMS Investments.

Innovisk generated roughly $58 million of operating revenue for the year ended July 31, Ryan Specialty ( RYAN ) said, adding that it expects the deal to close early next month.

Price: 69.60, Change: +0.47, Percent Change: +0.68