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Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven
brandonlin
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1 minute read
Seattle-based home services technology company Porch Group boosted its second quarter revenue by 200% to $51.3 million, exceeding analysts’ expectations.
Its quarterly net loss widened to $16.3 million, vs. a loss of $6.3 million a year ago.
