Hippo Reports Third Quarter 2022 Financial Results
Hippo Holdings Inc. (HIPO)
Company Research
Source: Business Wire
PALO ALTO, Calif.--(BUSINESS WIRE)--Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended September 30, 2022.Complete financial results and full year guidance for 2022 can be found in the company's shareholder letter in the Investor Relations section of Hippo’s website at https://investors.hippo.com.“The advantages of Hippo’s business model and an industry-leading tech stack are coming into focus,” said Hippo President and CEO Rick McCathron. “We’ve continued to take market share and improve our underwriting results despite challenging macro-economic conditions and what the industry expects to be one of the worst hurricane losses in history. We remain confident in our guidance as we enter the fourth quarter and continue to progress on our path to profitability.”Third Quarter HighlightsImproving Adjusted EBITDAAdj. EBITDA loss of $54.8m (GAAP net loss of $129.2m), better
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HIPO
News
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- Hippo Holdings Inc. (NYSE: HIPO) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $25.00 price target on the stock.MarketBeat
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- Hippo's First Connect Hits 100 Carrier & MGA Milestone and Launches New Appetite Finder Feature [Yahoo! Finance]Yahoo! Finance
- Hippo's First Connect Hits 100 Carrier & MGA Milestone and Launches New Appetite Finder FeaturePR Newswire
HIPO
Earnings
- 3/6/24 - Beat
HIPO
Sec Filings
- 4/5/24 - Form 4
- 4/3/24 - Form 144
- 4/2/24 - Form SC
- HIPO's page on the SEC website