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Sep 30, 2020
Trupanion Q3 2020 Earnings Report
Trupanion reported a strong quarter with high retention rates driving accelerated growth in net subscription pets.
Key Takeaways
Trupanion's total revenue was $130.1 million, an increase of 31% compared to the third quarter of 2019. The company reported a net loss of $(2.6) million, or $(0.07) per share, compared to net income of $0.8 million, or $0.02 per share, in the third quarter of 2019.
Total revenue was $130.1 million, an increase of 31% compared to the third quarter of 2019.
Total enrolled pets was 804,251 at September 30, 2020, an increase of 31% over the third quarter of 2019.
Subscription business revenue was $99.4 million, an increase of 20% compared to the third quarter of 2019.
Net loss was $(2.6) million, or $(0.07) per basic and diluted share, compared to net income of $0.8 million, or $0.02 per basic and diluted share, in the third quarter of 2019.
Forward Guidance
No forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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