Porch(PRCH) - 2024 Q2 - Quarterly Results
Porch(PRCH)2024-08-06 20:17
Exhibit 99.1 Porch Group Reports Second Quarter 2024 Results Solid performance in the second quarter SEATTLE, August 6, 2024 (BUSINESS WIRE) – Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ: PRCH), 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 Adj ...