Doma Holdings Inc. (DOMA) Reports Q2 Loss of $2.00/sh
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Doma Raises Full Year Outlook on Heels of NYSE Debut; Q2 Earnings Reflect Accelerated Growth
August 12, 2021 4:10 PM EDTMore Wallet Share, More Enterprise Customers, and More Powerful Tech Lead to More Aggressive Outlook on both Retained Premiums and Fees and Adjusted Growth Profit Before Deploying Cash Raised from Going Public
Second Quarter 2021 Business Highlights(1):
Total revenues of $130 million, up 29% versus Q2 2020 Closed orders of 31,436, up 44% versus Q2 2020 Retained premiums and fees of $65 million, up 46% versus Q2 2020 Gross profit of $27 million, up 22% versus Q2 2020 Adjusted gross profit of $30 million, up 31% versus Q2 2020 Raised approximately $350 million in proceeds gross of transaction expenses and cash paid to Doma... More