NasdaqCM:PRCHSoftware
Porch Group (PRCH) Is Up 25.7% After Return to Profitability and Upgraded 2025 Revenue Outlook
Porch Group, Inc. recently announced its second quarter 2025 results, reporting sales of US$119.3 million, up from US$110.84 million a year earlier, and a net income of US$2.58 million compared to a net loss of US$64.32 million in the prior year period.
This marks a return to profitability alongside a raised full-year revenue guidance, with the company now expecting US$405 million to US$425 million in revenue for 2025, above previous expectations.
With the company moving to positive earnings...