Brief: Porch Group Reports Fourth Quarter And Full Year 2021 Financial Results

Porch

01/03/2022 22:07

March 1 (Reuters) - Porch Group Inc  PRCH.O :
    * PORCH GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2021
FINANCIAL
RESULTS
    * Q4 REVENUE ROSE 172 PERCENT TO $51.6 MILLION
    * PROVIDES 2022 GUIDANCE OF $320 MILLION IN REVENUE AND $600
MILLION OF GROSS WRITTEN PREMIUM
    * NUMBER OF MONETIZED SERVICES WAS 260,352 IN Q4 2021, UP
FROM
169,949 IN Q4 2020
    * AVERAGE REVENUE PER MONETIZED SERVICE WAS $132, A 35%
INCREASE
FROM $98 IN Q4 2020
    * QTRLY LOSS PER SHARE $0.25

Source text for Eikon:  ID:nGNXc9G14V 
Further company coverage:  PRCH.O