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Recap: Trupanion Q2 Earnings

Benzinga Insights
·2 mins read

Shares of Trupanion (NASDAQ:TRUP) moved higher by 5.17% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 166.67% over the past year to $0.04, which beat the estimate of ($0.02).

Revenue of $117,920,000 rose by 27.90% from the same period last year, which beat the estimate of $114,580,000.

Looking Ahead

Trupanion hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 04, 2020

View more earnings on TRUP

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.trupanion.com%2Fnews-and-events%2Fcorporate-events%2Fdefault.aspx&eventid=2396514&sessionid=1&key=DDBF24BE3AAA7CF1DF2BDE62D2DA163D&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $53.57

52-week low: $20.84

Price action over last quarter: Up 87.44%

Company Overview

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. The company generates most of its revenue from the subscription fees for the medical insurance plans. The company's medical plan pays most of the actual veterinary costs for accident and illness claims, has no payout limitations, and can be used to cover the costs incurred at any veterinary practice, emergency care center or specialty hospital primarily in the United States and in Canada and Puerto Rico.

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