HCI(HCI) - 2024 Q1 - Quarterly Results

Tampa, Fla. – May 8, 2024 – HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $77.4 million and net income of$57.0 million, or $3.81 diluted earnings per share, in the first quarter of 2024, compared with net income of$17.8 million, or $1.54 diluted earnings per share, in the first quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unrealized gains or loss ...