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Porch Group Q1 2023 Earnings Report

Porch Group logo
$4.30 +0.15 (+3.61%)
As of 01/30/2025 04:00 PM Eastern

Porch Group EPS Results

Actual EPS
-$0.39
Consensus EPS
-$0.37
Beat/Miss
Missed by -$0.02
One Year Ago EPS
N/A

Porch Group Revenue Results

Actual Revenue
$87.37 million
Expected Revenue
$66.98 million
Beat/Miss
Beat by +$20.39 million
YoY Revenue Growth
N/A

Porch Group Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

Porch Group Earnings Headlines

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Porch announces completion of PIRE and sale of HOA to PIRE
Porch Group Optimizes Insurance Strategy with PIRE Formation
See More Porch Group Headlines
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About Porch Group

Porch Group (NASDAQ:PRCH), together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services. This segment offers inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The Insurance segment offers consumers with insurance and warranty products to protect their homes. This segment provides property-related insurance and captive reinsurance products; and warranty products under the Porch Warranty, American Home Protect, and Residential Warranty Services brands. The company was founded in 2011 and is headquartered in Seattle, Washington.

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