Element Reports Record Second Quarter Results, Raises Full-Year 2024 Guidance, and Announces Strategic Acquisition
Benzinga
AUGUST 13, 2024
Service revenue Element's largely unlevered services revenue is the key pillar of its capital-light business model, which also improves the Company's return on equity profile. Element expanded adjusted pre-tax return on common equity by 140 basis points year-over-year to 19.6% Q2 2024 services revenue grew 10.8%
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