Trupanion (TRUP) Tops Q2 EPS by 4c, Beats on Revenue

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Trupanion Reports Second Quarter 2024 Results

August 8, 2024 4:06 PM EDT

SEATTLE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the leading provider of medical insurance for cats and dogs, today announced financial results for the second quarter ended June 30, 2024.

Q2 was a strong quarter, benefitting from consistent revenue growth and margin expansion, said Margi Tooth, President and Chief Executive Officer of Trupanion. We were able to once again deliver consistent subscription revenue growth while generating free cash flow of $24 million over the past 12 months. Discretionary profit from our core subscription business increased 63% in the quarter, and we look forward to gradually... More