Porch Group, Inc. (PRCH) Misses Q4 EPS by 7c

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Porch Group Reports Fourth Quarter 2022 Results

March 14, 2023 4:34 PM EDT

- Reports $64.1 Million of Revenue, Growth of 24% Year-Over-Year

- Insurance Segment continues strong growth, with atypical fourth-quarter weather impacting Adjusted EBITDA

SEATTLE, March 14, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (Porch Group or the Company) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported fourth-quarter results for the Company as of December 31, 2022, with revenues of $64.1 million, compared to fourth-quarter 2021 revenues of $51.6 million. For the year ended December 31, 2022, Porch Group reported revenues of $275.9 million, compared to $192.4 million... More