Trupanion: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 05:03 PM ET
Last Updated - Jun 21, 2023, 10:37 PM EDT
SEATTLE (AP) — SEATTLE (AP) — Trupanion Inc. (TRUP) on Thursday reported a loss of $24.8 million in its first quarter.
On a per-share basis, the Seattle-based company said it had a loss of 60 cents.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The provider of medical insurance covering cats and dogs posted revenue of $256.3 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $251.9 million.
