Business
Porch Group to Release Fourth Quarter 2023 Earnings on March 7, 2024
SEATTLE--(BUSINESS WIRE)-- Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the
About this update from Porch Group, Inc.
[{"type":"text","content":" SEATTLE--(BUSINESS WIRE)--\nPorch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced it will report fourth quarter financial results ended December 31, 2023, after markets close on Thursday, March 7, 2024. The business performed well in the fourth quarter, with 2023 Revenue and Adjusted EBITDA expected to be ahead of guidance1.\n\n\nConference Call\n\n\nPorch management will host a live webinar to discuss the financial results and business followed by Q&A on Thursday, March 7, 2024, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time). A presentation to accompany the discussion will be posted on the company website along with a press release and other supplemental financial information.\n\n\nAll are invited to listen to the event by registering for the webinar here. A replay of the webinar will also be available in the Investors section of Porch’s corporate website.\n\n\n1 The Company’s previously provided full year 2023 guidance was Revenue of $415 million and Adjusted EBITDA of $(52) million.\n\n\nAbout Porch Group\n\n\nSeattle-based Porch Group, Inc., the vertical software and insurance platform for the home, provides software and services to approximately 30,700 home services companies such as home inspectors, mortgage companies and loan officers, title companies, moving companies, real estate agencies, utility companies, and warranty companies. Through these relationships and its multiple brands, Porch Group provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, warranty, moving, security, TV/internet, home repair and improvement, and more. To learn more about Porch Group, visit porchgroup.com or porch.com.\n\n\nForward-Looking Statements\n\n\nCertain statements in this release may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking st...