Aspire Biopharma faces potential Nasdaq delisting after compliance shortfall
HCI Group, Inc. (NYSE:HCI) reported Thursday that its majority-owned subsidiary, Exzeo Group, Inc., has released preliminary estimated financial results for the third quarter and nine months ended September 30, 2025. The information was disclosed in a press release statement and filed with the Securities and Exchange Commission. The company has shown remarkable momentum, with its stock trading near its 52-week high of $201.91 and delivering a 76% return over the past year. According to InvestingPro data, HCI maintains an "EXCELLENT" overall financial health score.
According to the filing, Exzeo expects unaudited revenue for the third quarter to range between $53.5 million and $56.8 million. For the nine-month period ending September 30, 2025, estimated revenue is anticipated to be between $162.0 million and $165.3 million.
Exzeo also projects unaudited net income after tax for the third quarter to be between $20.1 million and $22.2 million. For the nine-month period, net income after tax is expected to range from $59.7 million to $61.8 million.
These financial results are preliminary and based on currently available information. The company stated that its financial closing procedures for these periods are not yet complete and that actual results may differ from the estimates provided.
The preliminary financial information was prepared by Exzeo management. The company’s independent registered public accounting firm, Forvis Mazars, LLP, has not audited, reviewed, compiled, or performed any procedures with respect to the preliminary data. As a result, the firm does not express an opinion or any form of assurance regarding the estimates.
HCI Group, Inc. is incorporated in Florida and its common stock is listed on the New York Stock Exchange under the ticker NYSE:HCI. The company’s principal executive offices are located in Tampa, Florida.
The information in this article is based on a press release statement and an SEC filing made by HCI Group, Inc.
In other recent news, HCI Group Inc. reported a robust second quarter for 2025, with earnings per share (EPS) of $5.18, exceeding the forecasted $4.5 by 15.11%. This earnings surprise highlights the company’s strong performance, attributed to operational efficiencies and strategic initiatives. In addition to this financial achievement, HCI Group announced that its majority-owned subsidiary, Exzeo Group, Inc., has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be offered and the price range have not yet been determined, and the offering’s completion is contingent upon market conditions. These developments indicate significant activity within HCI Group, reflecting its ongoing strategic efforts and financial management.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.