{"podcast":{"title":"Proactive - Interviews for investors","slug":"proactive-interviews-for-investors-1457173","podcast_index_feed_id":1457173,"rss_url":"https://feeds.simplecast.com/xjpdm5C9","website_url":"https://proactive-interviews-for-investors.simplecast.com","image_url":"https://image.simplecastcdn.com/images/92f9cc71-7d4c-4ec0-a2f3-6a6b31027b4c/3fd3b604-35cf-4701-acde-0f1fdf33d67a/3000x3000/square-with-type.jpg?aid=rss_feed","author":"Proactive Investors","episode_count":600,"summary":"Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage. Here we plug you into what’s new and exciting in the world of business.","last_synced_at":"2026-07-28T06:17:38.329793+00:00","page_url":"https://stenobird.com/podcast/proactive-interviews-for-investors-1457173"},"episode":{"title":"Abacus Global raises 2026 guidance after strong Q1 results","slug":"abacus-global-raises-2026-guidance-after-strong-q1-results","published_at":"2026-05-13T15:41:41+00:00","page_url":"https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/abacus-global-raises-2026-guidance-after-strong-q1-results","show_page_url":"https://stenobird.com/podcast/proactive-interviews-for-investors-1457173","url":"https://proactive-interviews-for-investors.simplecast.com/episodes/20260513-abacus-global-management-0E0bHa78","audio_url":"https://cdn.simplecast.com/media/audio/transcoded/1068c7db-2e26-4675-9674-33cc0c49ccdc/b96906c8-b386-47e4-a142-589b24379f8e/episodes/audio/group/ee32cd9d-a693-45e9-bc0a-4d5f80306e14/group-item/16baf9ee-9a79-429d-9843-35f4a7471f64/128_default_tc.mp3?aid=rss_feed&feed=xjpdm5C9","summary":"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 al…","meta_description":"Abacus Global Management CEO Jay Jackson joined Steve Darling from Proactive to discuss the company’s strong first-quarter financial results and increased…","key_points":[],"chapters":[],"topics":[],"duration_seconds":272,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/proactive-interviews-for-investors-1457173/episodes/abacus-global-raises-2026-guidance-after-strong-q1-results/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/proactive-interviews-for-investors-1457173/abacus-global-raises-2026-guidance-after-strong-q1-results.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}