Andersen Group Q3 revenue beats estimates on strong organic expansion
ANDG•Andersen Group’s Q3 revenue rose 18.7% to $337.32 million, topping the $333.64 million analyst consensus. Net income declined year over year, while the company forecast 2027 revenue of $1.275 billion to $1.325 billion.
1. Revenue growth
Q3 revenue increased 18.7% to $337.32 million, above the $333.64 million consensus estimate. The company said growth reflected strong organic expansion and acquisition contributions, with revenue increasing across all reported service lines and geographic regions and no significant one-time revenue items.
2. Profit and outlook
Q3 net income was $68 million and declined year over year because of higher equity-based compensation and post-IPO effects. Andersen Group expects 2027 revenue of $1.275 billion to $1.325 billion and adjusted EBITDA of $320 million to $340 million; pending acquisitions are expected to close in early 2027.
