Hub International Net Income Up 50%

Hub International Limited on Tuesday reported a 50% increase in net income in the first quarter of 2007, to $24.7 million compared to $16.5 million during the same period last year. First quarter 2007 revenue was $171.8 million, a 28% increase over first quarter 2006 revenue of $134.1 million, the company said. First quarter 2007 diluted earnings per share of $0.60 represented a $0.14, or 30%, increase over first quarter 2006 diluted earnings per share of $0.46. Quarterly total revenue organic revenue growth was 7.2%, Hub said in a press release. Organic revenue growth calculations ...