NU Online News Service, April 19, 2:28 p.m. EDT
Daytona Beach, Fla.-based insurance broker Brown & Brown reports first-quarter net income increased 5 percent, thanks in part to more than $30 million in acquired revenue for the quarter.
The firm says net income rose $2.1 million over the previous year to more than $46 million. Earnings per share rose 1 cent to 32 cents a share. Revenues increased 4 percent, or close to $10 million, to $262 million.
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