Porch Group Announces Four Seasoned Industry Leaders Strengthen the Organization
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a new kind of homeowners insurance company, today announced the addition of four seasoned insurance industry leaders to its team to strengthen the organization across strategy, sales, reinsurance, underwriting and risk management, as it enters a new phase of expected growth.
Porch Group Announces Attendance At Upcoming Investor Events
Porch Group, Inc. (“Porch”) (Nasdaq: PRCH), a new kind of homeowners insurance company, today announced its upcoming investor event attendance.
Porch Group Reports Fourth Quarter 2024 Results
Porch Group, Inc. (“Porch Group” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results through December 31, 2024, with total revenue of $100.4 million. GAAP net income was $30.5 million, an improvement of $33.0 million compared to the prior year, and Adjusted EBITDA was $41.8 million, an improvement of $30.1 million compared to the prior year.
Porch Group to Release Fourth Quarter 2024 Earnings on February 25, 2025
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the fourth quarter ended December 31, 2024, after markets close on Tuesday, February 25, 2025.
Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced the completed formation of the Porch Insurance Reciprocal Exchange (“PIRE”) and sale of Homeowners of America Insurance Company (“HOA”) to PIRE.
Porch Group Launches MovingPlace, a One-Stop Marketplace for Moving Services
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced the launch of MovingPlace, a new marketplace helping consumers to manage their entire move. MovingPlace (at www.movingplace.com) builds on Porch Group’s vision of helping make the home simple, from moving, maintenance, and protection.
Porch Group Releases its 2024 ESG Report
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, is proud to announce the release of its second Environmental, Social, and Governance (ESG) Report. The report showcases the company’s commitment to fostering sustainability, diversity, and innovation to help drive business profitability.
Porch Group Reiterates $32m Q4’24 Adj EBITDA(1) Guidance and Shares Investor Day Highlights
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, held its Investor Day on December 5, 2024 where it reiterated Q4 and full year 2024 Adjusted EBITDA guidance and provided deeper insights into its transformative strategy to position itself as ‘A New Kind of Homeowners Insurance Company.’
Porch Group’s Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually.
Porch Group to Host Investor Day on December 5, 2024
Porch Group, Inc. (“Porch”) (Nasdaq:PRCH), a homeowners insurance and vertical software platform, today announced it will host an Investor Day on Thursday, December 5, 2024 starting at 9am Eastern in New York City and virtual.
Porch Group Announces Strategic Home Factors Partnership
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced Porch Group Media (“PGM”), the data and marketing subsidiary of Porch, has signed an agreement to license non-exclusively its unique Home Factors insights to California-based insurance MGA, Bamboo Ide8 Insurance Services, LLC. (“Bamboo”).
Porch Group Announces Attendance At Upcoming Investor Events
Porch Group, Inc. (“Porch”) (Nasdaq:PRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance.
Porch Group Reports Third Quarter 2024 Results
Porch Group, Inc. (“Porch Group” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today reported third quarter results through September 30, 2024, with total revenue of $111.2 million. GAAP net income was $14.4 million, an improvement of $20.1 million compared to the prior year, and Adjusted EBITDA was $16.9 million, an improvement of $8.1 million compared to the prior year.
Porch Group to Release Third Quarter 2024 Earnings on November 7, 2024
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the third quarter ended September 30, 2024, after markets close on Thursday, November 7, 2024 and plans to host an Investor Day in early December.
Porch Group Announces Reciprocal Exchange Regulatory Approval, A Key Milestone
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced the Texas Department of Insurance (“TDI”) has approved its application to form and license Porch Insurance Reciprocal Exchange, a new homeowners insurance reciprocal exchange (“the Reciprocal” or “PIRE”).
Porch Group Announces Attendance At Upcoming Investor Events
Porch Group, Inc. (“Porch”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance.
Porch Group Files Reciprocal Exchange Application and Contributes PRCH Shares to HOA to Increase Surplus and Support Future Growth
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced it has filed a new and updated application to form and license a Texas reciprocal insurance exchange (“Reciprocal”) with the Texas Department of Insurance (“TDI”). If approved and fully implemented as proposed, Homeowners of America Insurance Company (“HOA”), Porch’s homeowners insurance carrier, would be sold to the Reciprocal at inception resulting in all premiums, policies, and insurance underwriting being conducted through the Reciprocal1.
Porch Group Reports Second Quarter 2024 Results
Porch Group, Inc. (“Porch Group” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today reported second quarter results through June 30, 2024, with total revenue of $110.8 million, which increased 12% compared to the prior year. GAAP net loss was $64.3 million, an improvement of $22.6 million compared to the prior year, and Adjusted EBITDA Loss was $34.8 million, an improvement of $8.4 million compared to the prior year.
Porch Group to Release Second Quarter 2024 Earnings on August 6, 2024
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the second quarter ended June 30, 2024, after markets close on Tuesday, August 6, 2024.
Porch Group Announces Attendance At Upcoming Investor Events
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance.
Porch Group Reports First Quarter 2024 Results
Porch Group, Inc. (“Porch Group” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today reported first quarter results through March 31, 2024, with total revenue of $115.4 million, which increased 32% compared to the prior year. GAAP net loss was $13.4 million, an improvement of $25.4 million compared to the prior year, and Adjusted EBITDA Loss was $16.8 million, an improvement of $5.1 million compared to the prior year.
Porch Group to Release First Quarter 2024 Earnings on May 8, 2024
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024.
Porch Group Announces Inspection Product Enhancements and Price Increases
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced product enhancements and price increases in its inspection software business.
Porch Group Attendance At Various Upcoming Investor Events
Porch Group, Inc. (“Porch” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance.
Porch Group Reports Fourth Quarter 2023 Results
Porch Group, Inc. (“Porch Group” or “the Company”) (
NASDAQPRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results ended December 31, 2023, with total revenue of $114.6 million, which increased 79% compared to the prior year. GAAP net loss of $2.5 million, an improvement from $35.5 million GAAP net loss in the prior year and Adjusted EBITDA of $11.7 million, which increased $25.0 million compared to the prior year.
