Porch Group Inc is a technology-driven platform that simplifies home services and enhances the process of homeownership by connecting consumers with a wide range of service providers. The company offers a variety of solutions for homeowners, including home insurance, renovation, maintenance, and moving services. Porch Group leverages technology to streamline these services, providing users with easy access to qualified professionals and resources, while also empowering businesses in the home services industry to expand their reach and optimize their operations. Through its innovative approach, Porch Group aims to create a seamless experience for homeowners and service providers alike. Read More
Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced significant continued expansion with its insurance agency distribution channel, including new partnerships with Roamly Insurance Group (“Roamly”), Evertree Insurance Services, LLC (“Evertree”) and MassDrive Insurance Group, LLC (“MassDrive”).
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced the repurchase of an additional $8.9 million of its 0.75% Senior Unsecured Convertible Notes due September 2026 (“2026 Notes”).
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced the completion of its previously announced refinancing transactions (the “Refinancing Transactions”), retiring all but approximately $29 million of the Company’s outstanding 0.75% Convertible Senior Unsecured Notes due 2026 (the “2026 Notes”). In addition, the Company announced that the board of directors has authorized management to repurchase up to the remaining $29 million of 2026 Notes in cash from time to time in the open market or through privately negotiated transactions.
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced a delevering transaction with the privately negotiated repurchase of $144.3 million aggregate principal amount of its 0.75% Convertible Senior Notes due 2026 (the “2026 Notes”) and the concurrent pricing of a private offering of $134.0 million aggregate principal amount of newly issued 9.00% Convertible Senior Unsecured Notes due 2030 of the Company (the “2030 Notes”). These refinancing transactions (the “Refinancing Transactions”) are expected to close on May 27, 2025, subject to customary closing conditions.
Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today announced the continued outstanding performance of Homeowners of America Insurance Company (“HOA”), per the AM Best Market Share Report1, as well as continued exceptional loss ratio performance at HOA and the Porch Reciprocal Exchange in Q1 2025.
Curious to know what's happening on the US markets in the middle of the day on Wednesday? Join us as we explore the top gainers and losers in today's session.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a new kind of homeowners insurance company, today reported first quarter results through March 31, 2025, that exceeded expectations and correspondingly raised 2025 guidance.
Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a new kind of homeowners insurance company, today announced it will report financial results for the first quarter ended March 31, 2025, after markets close on Tuesday, May 6, 2025.
