ProSight Global, Inc. Reports 2019 Fourth Quarter and Full Year Results

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ProSight Global Inc. (PROS) Misses Q4 EPS by 2c, Revenues Beat

February 24, 2020 4:22 PM EST

ProSight Global Inc. (NYSE: PROS) reported Q4 EPS of $0.33, $0.02 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $225.11 million versus the consensus estimate of $224.04 million.

Highlights for the three months ended December 31, 2019 include:

Gross written premiums ("GWP") for customer segments (2) increased 19.1%, to $249.0 million for the fourth quarter of 2019, as compared to the fourth quarter of 2018, with growth in GWP across all customer segments. The growth in the fourth quarter of 2019 included $4.4 million of GWP from niches added during... More