NasdaqCM:PRCHSoftware
Porch Group (PRCH): Evaluating Valuation After Q3 Earnings Reveal Revenue Growth but Swing to Net Loss
Porch Group (PRCH) just released its third quarter results, catching investors’ attention with higher sales year over year but a swing from net income to a net loss compared to last year’s figures.
See our latest analysis for Porch Group.
Investors have clearly reacted to the fresh earnings results, sending Porch Group’s share price up 9.24% in just one day and capping off a 222.42% year-to-date share price return. Momentum has picked up dramatically this year, with a staggering 600.00% total...