Andersen Q2 FY26 adjusted net income rises 38.8% to $39 million; revenue increases 23.7% to $217.7 million

Reuters2026/08/12 20:16

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Andersen Group posted second-quarter revenue of USD 217.7 million, up 23.7% from the prior-year quarter.
GAAP net loss narrowed to USD 10.1 million, or USD 0.08 a share, from a GAAP net loss of USD 96 million.
Non-GAAP adjusted net income rose 38.8% to USD 39 million, due to equity-based compensation expense falling to USD 48.3 million.
Six-month revenue climbed 19.4% to USD 458.4 million; client groups increased to 13,500, while client engagements rose to 23,800.
Reaffirmed 2026 outlook for revenue of about USD 980 million to USD 1 billion; Mark L. Vorsatz said results show efficient scaling.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andersen Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-346839), on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Andersen Q2 FY26 adjusted net income rises 38.8% to $39 million; revenue increases 23.7% to $217.7 million

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