Goosehead Insurance, Inc. has reported a net income of $3 million for the third quarter of 2022, a 43% decrease compared to $5.3 million from the same period last year.
The company noted that the decrease was due to higher non-cash stock compensation expense and lower income tax benefit.
Moreover, the company’s total revenues for Q3 grew organically 38% over the prior year quarter to $57.7 million.
