Porch Group backs Q4 adjusted EBITDA view $32M

The company said, “Porch announced it is on track to achieve or exceed the guidance mid-point of $32 million of Adjusted EBITDA in Q4 2024, as provided in the Q3 2024 earnings release in November. Additionally, Porch shared that its insurance carrier Homeowners of America (“HOA”) is expected to end 2024 with a surplus in excess of the $100 million previously communicated.”