Reports Q3 revenue $327.5M, consensus $321.79M. The company said, “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. 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 (TRUP) 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.”
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Read More on TRUP:
- Trupanion Inc. (TRUP) Q3 Earnings Cheat Sheet
- Trupanion price target raised to $45 from $38 at Piper Sandler
- Trupanion price target raised to $40 from $30 at Stifel
- Trupanion price target raised to $56 from $47 at BofA
- Trupanion price target raised to $45 from $35 at Northland
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