Trupanion: 1Q Earnings Snapshot

Associated Press
Updated ·1 min read

SEATTLE (AP) _ Trupanion Inc. (TRUP) on Thursday reported a loss of $1.1 million in its first quarter.

On a per-share basis, the Seattle-based company said it had a loss of 3 cents.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The provider of medical insurance covering cats and dogs posted revenue of $111.3 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $110.2 million.

Trupanion shares have decreased 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.91, a decline of 10% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRUP at https://www.zacks.com/ap/TRUP