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Stock impact report

Trupanion Reports Third Quarter 2024 Results

Trupanion, Inc. (TRUP) 
Last trupanion, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.trupanion.com
Company Research Source: GlobeNewswire
SEATTLE, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced financial results for the third quarter ended September 30, 2024. “Q3 was a very strong financial quarter for the company, combining consistent revenue growth with a 66% year-over-year increase in subscription discretionary profit,” said Margi Tooth, Chief Executive Officer and President of Trupanion. “This outperformance was driven by aligning the cost of veterinary care with member pricing, resulting in the achievement of our target value proposition of 71%. Trupanion is solving a bigger problem today than ever before, and after generating $30 million in free cash flow over the past 12 months, we are well positioned to reach even more pets in this globally underpenetrated market.” Third Quarter 2024 Financial and Business Highlights Total revenue was $327.5 million, an increase of 15% compared to the third quarte Show less Read more
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