Doma Holdings Inc. (DOMA) Tops Q4 EPS by 15c
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Doma's Q4 Results Demonstrate Significant Progress Towards Achieving Profitability in 2023; Delivers Full Year Adjusted EBITDA Within Revised 2022 Guidance
February 28, 2023 4:10 PM ESTÂ Fourth Quarter 2022 Business Highlights(1):
Total revenues of $96 million, down 11% versus Q3 2022 Retained premiums and fees of $35 million, down 17% versus Q3 2022 Gross profit of $9 million, up 25% versus Q3 2022 Adjusted gross profit of $14 million, up 20% versus Q3 2022 Adjusted EBITDA loss of $16 million, compared to a loss of $30 million in Q3 2022 Purchase closed orders down 26% versus Q3 2022, Refinance closed orders down 36% versus Q3 2022, and Total closed orders down 31% versus Q3... More