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SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.
Porch Group, Inc. (NASDAQ:PRCH ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Conference Call Participants Daniel Kurnos - Benchmark John Campbell - Stephens Inc. Jason Kreyer - Craig-Hallum Ryan Tomasello - KBW Jason Helfstein - Oppenheimer Tim Greaves - Loop Capital Operator Good afternoon, everyone, and thank you for participating in Porch Group's First Quarter 2025 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC.
Porch Group, Inc. (PRCH) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to loss of $0.21 per share a year ago.
SEATTLE--(BUSINESS WIRE)--Porch Group Reports First Quarter 2025 Results. Exceeds Expectations and Increases Guidance Driven by Insurance Services.
SEATTLE--(BUSINESS WIRE)--Porch Group to Release First Quarter 2025 Earnings on May 6, 2025.
Porch Group (PRCH) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization.
Porch Group's shift to a high-margin, fee-based model has significantly improved profitability, with 2024 EBITDA hitting record levels and ambitious targets set for 2025 and 2026. Despite impressive revenue growth and operational improvements, concerns remain about the company's high debt levels and revenue visibility, particularly in a sluggish housing market. The Porch Insurance Reciprocal Exchange (PIRE) has boosted margins but introduced revenue predictability challenges, relying heavily on agent adoption and customer onboarding.
Shares of the little-known technology stock Porch Group NASDAQ: PRCH skyrocketed on Feb. 26. Overall, shares rose by 76% in two trading days as of the Feb. 27 close and reached a 52-week high.
SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.