USI Holdings Corp. ("USI"), (NASDAQ:USIH) Wednesday reported financial results for the first quarter ended March 31. Certain amounts have been reclassified and presented in all periods as discontinued operations to reflect the decision announced in the fourth quarter of 2004 to sell three operations.
Highlights:
*Increased consolidated revenues 33.6% to $122.8 million, substantially all attributable to acquisitions
*Grew consolidated commissions and fees organically by 1.6%.
*Closed the acquisitions of Summit Global Partners ("Summit") and Patterson//Smith, expected to add $77 ...
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