Doma Holdings Reports Q1 Loss of $1.05/sh (CAP)
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Doma Holdings, Inc. Reports Strong First Quarter Earnings Driven by 83% Increase in Closed Orders
May 25, 2021 4:10 PM EDT2021 Business Highlights:(1)
Total revenues of $128 million, up 80% versus Q1 2020 Closed orders of 33 thousand, up 83% versus Q1 2020 Retained premiums and fees of $57 million, up 52% versus Q1 2020 Gross profit of $26 million, up 98% versus Q1 2020 Adjusted gross profit of $29 million, up 101% versus Q1 2020 Added Wells Fargo, the nations largest bank mortgage originator, as a new Strategic & Enterprise Account Expanded geographic footprint of Strategic and Enterprise Accounts channel to cover 75% of the country through adding Massachusetts, South Carolina, Texas, and Wisconsin Announced plans to become publicly traded via merger... More