Loading...
•
Sep 30, 2023
Trupanion Q3 2023 Earnings Report
Trupanion returned to positive cash flow as margins continued to expand.
Key Takeaways
Trupanion reported a total revenue of $285.9 million, an increase of 22% compared to the third quarter of 2022. The company achieved $11 million in operating cash flow and $7 million in free cash flow.
Total revenue was $285.9 million, an increase of 22% compared to the third quarter of 2022.
Subscription business revenue was $182.9 million, an increase of 20% compared to the third quarter of 2022.
Net loss was $(4.0) million, or $(0.10) per basic and diluted share, compared to net loss of $(12.9) million, or $(0.32) per basic and diluted share, in the third quarter of 2022.
Operating cash flow was $11.4 million and free cash flow was $7.0 million in the third quarter of 2023.
Forward Guidance
This press release contains forward-looking statements. These forward-looking statements are based upon the current expectations and beliefs of Trupanion’s management as of the date of this press release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...