Trupanion (TRUP) Misses Q1 EPS by 1c

Trupanion (NASDAQ: TRUP) reported Q1 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $69.8 million versus the consensus estimate of $69.12 million.

First Quarter 2018 Financial and Business Highlights

• Total revenue was $69.8 million, an increase of 27% compared to the first quarter of 2017.
• Total enrolled pets (including pets from our other business segment) was 446,533 at March 31, 2018, an increase of 23% over March 31, 2017.
• Subscription business revenue was $61.5 million, an increase of 22% compared to the first quarter of 2017.
• Subscription enrolled pets was 385,640 at March 31, 2018, an increase of 15% over March 31, 2017.
• Net loss was $(1.5) million, or $(0.05) per basic and diluted share, flat with the first quarter of 2017.
• Adjusted EBITDA was $0.4 million, compared to adjusted EBITDA of $0.5 million in the first quarter of 2017.
• Operating cash flow was $2.1 million and free cash flow was $1.1 million, compared to operating cash flow of $1.9 million and free cash flow of $1.4 million in the first quarter of 2017.

For earnings history and earnings-related data on Trupanion (TRUP) click here.

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