PRCH - Earnings announcements

Insurance Services Revenue Growth of 50% YoY with 33% YoY Growth in Reciprocal Policies Written Porch Group, Inc. ("Porch," "the Company," "we," "our," "us") (NASDAQ:PRCH), a new kind of homeowners insurance company, today reported first quarter results through March 31, 2026, that exceeded our expectations. As a result, the Company raised guidance for the remainder of the year. Porch generated for shareholders1 first quarter 2026 revenue of $109.4 million. Net loss attributable to Porch was $(4.7) million, and Adjusted EBITDA was $19.7 million. "Porch Shareholder Interest" includes the businesses Porch shareholders own: Insurance Services, Software & Data, and Consumer Services segment

Porch Group, Inc. ("Porch") (NASDAQ:PRCH), a new kind of homeowners insurance company, announced today it will report financial results for the first quarter ended March 31, 2026, after markets close on Tuesday, April 28, 2026. Q1'26 Earnings Conference Call Porch management will host a live webinar on Tuesday, April 28, 2026, at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss financial results and outlook, with a Q&A session to follow. Supporting materials, including a presentation, press release, and additional financial info, will be available on the company's website. All are invited to listen to the event live by registering for the webinar here. A webinar replay will also be av

Strong Q4 Performance Caps Off a Successful First Year Under Reciprocal Model Porch Group, Inc. ("Porch," "the Company," "we," "our," "us") (NASDAQ:PRCH), a new kind of homeowners insurance company, today reported fourth quarter and full-year results through December 31, 2025, that exceeded our expectations. Porch generated for shareholders1 fourth quarter 2025 revenue of $112.3 million. Net loss attributable to Porch was $(3.5) million, and Adjusted EBITDA was $23.5 million. In January 2025, the Porch Reciprocal Exchange ("Reciprocal") was formed as an insurance entity owned by its policyholder-members and not by Porch. While Porch does not own the Reciprocal, it is consolidated for

Porch Group, Inc. ("Porch") (NASDAQ:PRCH), a new kind of homeowners insurance company, announced today it will report financial results for the fourth quarter ended December 31, 2025, after markets close on Wednesday, February 11, 2026. Q4'25 Earnings Conference Call Porch management will host a live webinar on Wednesday, February 11, 2026, at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss financial results and outlook, with a Q&A session to follow. Supporting materials, including a presentation, press release, and additional financial info, will be available on the company's website. All are invited to listen to the event live by registering for the webinar here. A webinar replay w

Results Exceed Expectations Driven by Insurance Services Porch Group, Inc. ("Porch Group", "Porch" or "the Company") (NASDAQ:PRCH), a new kind of homeowners insurance company, today reported third quarter results through September 30, 2025, that exceeded expectations. The Company correspondingly raised Gross Profit and Adjusted EBITDA guidance. Porch generated for shareholders1 third quarter 2025 revenue of $115.1 million. Net income (loss) attributable to Porch was $(10.9) million, and Adjusted EBITDA was $20.6 million, an increase of $3.7 million compared to prior year2. On January 2, 2025, the Porch Reciprocal Exchange ("Reciprocal") was formed as an insurance entity owned by its poli

Porch Group, Inc. ("Porch") (NASDAQ:PRCH), a new kind of homeowners insurance company, announced today it will report financial results for the third quarter ended September 30, 2025, after markets close on Wednesday, November 5, 2025. Q3'25 Earnings Conference Call Porch management will host a live webinar on Wednesday, November 5, 2025, at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss financial results and outlook, with a Q&A session to follow. Supporting materials, including a presentation, press release, and additional financial info, will be available on the company's website. All are invited to listen to the event live by registering for the webinar here. A webinar replay wil

Exceeds Expectations and Increases Guidance Driven by Insurance Services Porch Group, Inc. ("Porch Group", "Porch" or "the Company") (NASDAQ:PRCH), a new kind of homeowners insurance company, today reported second quarter results through June 30, 2025, that exceeded expectations and correspondingly raised 2025 guidance. Porch generated for shareholders1 second quarter 2025 revenue of $107.0 million. Net income attributable to Porch was $2.6 million, and Adjusted EBITDA was $15.6 million, an increase of $50.4 million compared to prior year2. On January 2, 2025, the Porch Reciprocal Exchange ("Reciprocal") was formed as an insurance entity owned by its policyholder-members and not by Po

Porch Group, Inc. ("Porch") (NASDAQ:PRCH), a new kind of homeowners insurance company, announced today it will report financial results for the second quarter ended June 30, 2025, after markets close on Tuesday, August 5, 2025. Q2'25 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, August 5, 2025, at 5:00 p.m. Eastern (2:00 p.m. Pacific). A presentation to accompany the discussion will be posted on the company website, along with a press release and other supplemental financial information. All are invited to listen to the event live by registering for the webinar here. A webinar replay will al

Exceeds Expectations and Increases Guidance Driven by Insurance Services Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a new kind of homeowners insurance company, today reported first quarter results through March 31, 2025, that exceeded expectations and correspondingly raised 2025 guidance. Porch generated for shareholders1 first quarter 2025 revenue of $84.5 million. Net income attributable to Porch was $8.4 million, and Adjusted EBITDA was $16.9 million, an increase of $33.6 million compared to prior year2. On January 2, 2025, the Porch Reciprocal Exchange ("Reciprocal") was formed as an insurance entity owned by its policyholder-members and not by Porch. Simultane

Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a new kind of homeowners insurance company, today announced it will report financial results for the first quarter ended March 31, 2025, after markets close on Tuesday, May 6, 2025. Q1'25 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, May 6, 2025, at 5:00 p.m. Eastern (2:00 p.m. Pacific). A presentation to accompany the discussion will be posted on the company website, along with a press release and other supplemental financial information. All are invited to listen to the event by registering for the webinar here. A webi

Exceeds expectations delivering Q4'24 Net Income of $30m and Adjusted EBITDA of $42m Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results through December 31, 2024, with total revenue of $100.4 million. GAAP net income was $30.5 million, an improvement of $33.0 million compared to the prior year, and Adjusted EBITDA was $41.8 million, an improvement of $30.1 million compared to the prior year. CEO Summary "We had a strong finish to the year, and delivered our full year positive Adjusted EBITDA target. We delivered record quarterly Adjusted EBITDA in Q4 2024, which we believe marks

Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the fourth quarter ended December 31, 2024, after markets close on Tuesday, February 25, 2025. Q4'24 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, February 25, 2025, at 5:00 p.m. Eastern (2:00 p.m. Pacific). A presentation to accompany the discussion will be posted on the company website, along with a press release and other supplemental financial information. All are invited to listen to the event by registerin

Application for Reciprocal Exchange Approved Strong Operational Performance Delivers Record Profitability Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported third quarter results through September 30, 2024, with total revenue of $111.2 million. GAAP net income was $14.4 million, an improvement of $20.1 million compared to the prior year, and Adjusted EBITDA was $16.9 million, an improvement of $8.1 million compared to the prior year. CEO Summary "We are excited by today's update: the important approval of the Reciprocal Exchange formation, record profitability, and de-leveraging. The Reciprocal approval

Investor Day Will Be Scheduled In Early December, 2024 Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the third quarter ended September 30, 2024, after markets close on Thursday, November 7, 2024 and plans to host an Investor Day in early December. Q3'24 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Thursday, November 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

Solid performance in the second quarter Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported second quarter results through June 30, 2024, with total revenue of $110.8 million, which increased 12% compared to the prior year. GAAP net loss was $64.3 million, an improvement of $22.6 million compared to the prior year, and Adjusted EBITDA Loss was $34.8 million, an improvement of $8.4 million compared to the prior year. CEO Summary "The team delivered a solid performance this quarter. Despite a May hurricane-like event in Houston with 100 miles per hour sustained winds that caused catastrophic weather clai

Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the second quarter ended June 30, 2024, after markets close on Tuesday, August 6, 2024. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, August 6, 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. All are invited to listen to the event by registering for the webin

Strong operating execution in Q1, increasing full year Adjusted EBITDA Guidance Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported first quarter results through March 31, 2024, with total revenue of $115.4 million, which increased 32% compared to the prior year. GAAP net loss was $13.4 million, an improvement of $25.4 million compared to the prior year, and Adjusted EBITDA Loss was $16.8 million, an improvement of $5.1 million compared to the prior year. CEO Summary "We are pleased with the results we delivered in the first quarter, with revenue growth of 32% and the year-over-year improvement in prof

Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Wednesday, May 8, 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. All are invited to listen to the event by registering for the webinar

Porch Delivers Strong Fourth Quarter Earnings, Ahead of Expectations Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results ended December 31, 2023, with total revenue of $114.6 million, which increased 79% compared to the prior year. GAAP net loss of $2.5 million, an improvement from $35.5 million GAAP net loss in the prior year and Adjusted EBITDA of $11.7 million, which increased $25.0 million compared to the prior year. CEO Summary "We are excited to share our financial results, far exceeding the second half profitability target we provided around two years ago, with Adjusted EB

Porch 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. Conference Call Porch 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 co

Porch Delivers Q3 Adjusted EBITDA of $8.8 million GAAP net loss of $(5.7) million Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported third quarter results for the Company as of September 30, 2023, with total revenue of $129.6 million, which increased 67% compared to the prior year, and Adjusted EBITDA of $8.8 million, which increased $19.7 million compared to the prior year. GAAP net loss of $(5.7) million, compared to $(84.5) million in the prior year. CEO Summary "We are pleased to share our financial results with positive Adjusted EBITDA of $8.8 million. In Marc

SEATTLE, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today announces it will report third quarter financial results ended September 30, 2023, after markets close on Tuesday, November 7, 2023. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, November 7, 2023, 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

$99 Million Revenue, With Growth of 39% Year-Over-Year Operating Results Impacted By Extreme Weather, Otherwise In Line with Management Expectations SEATTLE, Aug. 08, 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 second quarter results for the Company as of June 30, 2023, with total revenue of $98.8 million, which increased 39% compared to $70.9 million in the second quarter of 2022. CEO Summary"We are pleased to deliver a solid performance in the second quarter with 39% top-line growth and continued focus on achieving profitability. We

SEATTLE, July 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, ahead of its second quarter 2023 earnings, today announced an estimated $18 million catastrophic weather ("cat") impact in the second quarter of 2023, due to extreme weather events in June. The second quarter is often the worst and riskiest weather quarter of the year for Porch. The second quarter 2023 was on track until extreme weather events occurred, including wind, thunderstorm and hail events in Texas in mid and late June, which resulted in an estimated $5.0 billion1 in combined industry-wide

$87 Million Revenue, With Growth Of 37% Year-Over-Year.Adjusted EBITDA In Line With Expectations.Insurance Carrier Top Decile 2022 Combined Loss Ratio and Growth Performance. SEATTLE, May 10, 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 first-quarter results for the Company as of March 31, 2023, with total revenue of $87.4 million, which increased 37% compared to $63.6 million in the first quarter of 2022. CEO Summary"I am excited by the transformational year before us. Already in 2023 Porch Group has filed an applica

SEATTLE, April 26, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today announces it will report first quarter financial results ended March 31, 2023, after markets close on Wednesday, May 10, 2023. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Wednesday, May 10, 2023, 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

- 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 in 2021. CEO Summary "I am proud o

SEATTLE, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group," "Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today announces it will report fourth quarter and full year financial results ended December 31, 2022, after markets close on Tuesday, March 14, 2023. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, March 14, 2023, 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 fina

- Reports $75.4 Million of Revenue, up 20% Year-Over-Year - Announces Authorization of Up to $15 Million Repurchase Program - Provides Updated 2022 Guidance; Reflecting Weather and Housing Market Impacts SEATTLE, Nov. 08, 2022 (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 third-quarter results for the Company as of September 30, 2022, with revenues of $75.4 million, compared to third-quarter 2021 revenues of $62.8 million. For the nine months ended September 30, 2022, Porch Group reported revenues of $208.7 million, compared to $140.9

SEATTLE, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, will hold a conference call and webinar on Tuesday, November 8, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2022. Financial results will be issued in a press release prior to the call. All 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. About Porch GroupSeattle-based Porch Group,

- Reports $70.8 Million of Revenue, up 38% Year-Over-Year - Executes Mutual Termination of CSE Insurance Acquisition, Increasing Expected End-of-Year Unrestricted Cash Position by Approximately $50 Million - Provides Updated 2022 Guidance SEATTLE, Aug. 09, 2022 (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 second-quarter results for the Company as of June 30, 2022, with revenues of $70.8 million, compared to second-quarter 2021 revenues of $51.3 million, highlighting both organic growth and the strength of businesses acquired in the prior tw

SEATTLE, July 19, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, will hold a conference call and webinar on Tuesday, August 9, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2022. Financial results will be issued in a press release prior to the call. All 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. About Porch GroupPorch Group is a Seattle-based,

Reports $62.6 Million of Revenue, up 134% Year-Over-Year SEATTLE, May 10, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch"," Porch Group" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported first quarter revenues of $62.6 million, compared to first quarter 2021 revenues of $26.7 million, in line with company expectations. CEO Summary "Porch is off to a strong start in 2022," said Matt Ehrlichman, founder and Chief Executive Officer of Porch Group, Inc. "Our vertical software and insurance segments are performing very well and reported substantial revenue increases. This strong performance early in

SEATTLE, April 26, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, will hold a conference call and webinar on Tuesday, May 10, 2022, at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2022. Financial results will be issued in a press release prior to the call. All are invited to listen to the event by registering for the webinar here. If you have any difficulty connecting with the conference call or webcast, please contact Porch's investor relations team at (949) 574-3860 or PRCH@gatewayir.c

- Reports $192.4 Million of Full Year 2021 Revenue, up 166% Year-Over-Year - - Provides 2022 Guidance of $320 Million in Revenue and $600 Million of Gross Written Premium, Representing 66% and 95% Year-over-Year Growth Respectively; Targets Approximately -9% EBITDA Margin in 2022 - - Announces acquisition of Residential Warranty Services to Continue Expansion Into Home Warranty and Home Inspection Software - SEATTLE, March 01, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported financial results for the fourth quarter and full year ended Decem

SEATTLE, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services and insurance industries, will hold a conference call and webinar on Tuesday, March 1, 2022 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2021. Financial results will be issued in a press release prior to the call. All are invited to listen to the event by registering for the webinar here. If you have any difficulty connecting with the conference call or webcast, please contact Porch's investor relations team at (949) 574-3860 or

Revenue of $64.3 million is up 41% over last year, driven by 65% growth in revenue from CTV Adjusted EBITDA of $3.7 million surges 201% vs. one year ago, representing a 6% adjusted EBITDA margin Expected to start trading as Innovid, under the new ticker symbol "CTV" on December 1, 2021, after completing a merger with ION Acquisition Corp. 2 Ltd. NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Innovid, a leading independent connected TV (CTV) advertising delivery and measurement platform, reports results for the nine months ended September 30, 2021, as part of its planned merger with ION Acquisition Corp. 2 Ltd. ("ION") (NYSE:IACB). The combined company will operate under the Innovid name an

- Reports $62.8 Million of Revenue and Increases Full Year 2021 Revenue Guidance to $195 Million, A 170% Year-Over-Year Increase -- Reports Positive Quarterly Adjusted EBITDA of $873 Thousand and GAAP Net Loss of $5.1 Million -- Reports $416 Million Cash Balance After Execution of Convertible Senior Notes Offering - SEATTLE, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software company reinventing the home services industry, today reported financial results for the third quarter ended September 30, 2021. "Our operational and strategic execution resulted in excellent third quarter financial results, highlighted by almost

SEATTLE, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software and InsurTech company reinventing the home services industry, will hold a conference call and webinar on Monday, November 15, 2021 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2021. Financial results will be issued in a press release prior to the call. All are invited to listen to the event by registering for the webinar here. To access the webinar by telephone, please see below: One tap mobile:US: +14086380968,,85153860010# or +16699006833,,85153860010# Or join by phone:Dial (

SEATTLE, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software and InsurTech company reinventing the home services industry, today announced the acquisition of Floify, a leading provider of digital mortgage automation and point-of-sale software for mortgage companies and loan officers. The acquisition continues Porch's strategy of providing software to companies involved in key moments of the homebuying process and expands its early access to high-intent homebuyers who need key services including insurance, warranty and moving services. Floify Acquisition OverviewBased in Boulder, Colorado, Floify helps mortgage companies

Executed Definitive Agreement to Acquire CSE Insurance, Expanding Porch's InsurTech Business into California, Auto, and Umbrella, With an Expected Close in Q2 2022 Acquired American Home Protect, Making Strategic Expansion into the Home Warranty Market Increases Full Year 2021 Revenue Guidance from $184 million to $187.5 million, Representing Approximately 159% Year-over-Year Growth Total Annualized Revenue Impact Expected to be $40 million of High Margin Recurring Revenue with Migration to Capital Light Insurance Operating Model; Total Combined Purchase Price of Approximately $93 million SEATTLE, Sept. 09, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:P

Company Exceeds Q2 Guidance and Increases Full Year 2021 Revenue Guidance to $184 Million, Representing Approximately 155% Year-over-Year Growth Via Acquisition, Porch now a Leading Provider of Software for Title Companies SEATTLE, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a leading vertical software and InsurTech company reinventing the home services industry, today reported financial results for the second quarter ended June 30, 2021. "Our excellent second quarter results showcased our ability to significantly grow our business and expand our vertical software platform into adjacent home service industries," said Matt Ehr