Porch Group, Inc. (NASDAQ:PRCH) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET
Company Representatives
Matt Ehrlichman - Chief Executive Officer, Chairman, Founder
Marty Heimbigner - Chief Financial Officer
Matthew Neagle - Chief Operating Officer
Joshua Steffan - VP and Group GM, Inspection and Real Estate Team
Conference Call Participants
Cory Carpenter - J.P. Morgan
John Campbell - Stephens
Justin Ages - Berenberg
Mike Grondahl - Northland
Ryan Tomasello - KBW
Mark Schappel - Loop
Operator
Good afternoon, everyone, and thank you for participating in Porch Group’s Second Quarter 2022 Conference Call. Today we issued our second quarter earnings press release and related Form 8-K to the SEC. The press release can be found on our Investor Relations website at ir.porchgroup.com
Joining us today are Matt Ehrlichman, Porch Group’s, CEO, Chairman and Founder; Marty Heimbigner, Porch Group’s CFO; Matthew Neagle, Porch Group’s COO; and Joshua Steffan,
VP and Group GM, for our Inspection and Real Estate Team.
Before we go further, I’d like to take a moment to read the company’s Safe Harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995, which provides important cautions regarding forward-looking statements.
As today’s discussion, including in response to your questions reflects management’s view, as of today, August 9, 2022. We do not undertake any obligations to update or revise this information. Additionally, we will make forward looking statements about our future financial or business performance or conditions, business strategy and plans and anticipated impacts from pending or completed acquisitions based on current expectations and assumptions.
These statements are subject to risks and uncertainties, which could cause actual results to differ materially from those forward-looking statements. We encourage you to consider the risk factors described in our SEC filings for additional information.
We will reference both GAAP and non-GAAP financial measures on today’s call. Please refer to today’s press release for reconciliation of non-GAAP measures to the most comparable GAAP measures discussed during the earnings call.
As a reminder, this webcast will available for a replay shortly after the conclusion of this presentation on the Investor Relations section of the company’s website at ir.porchgroup.com, and the slide presentation will follow the presenters commentary and can also be found on the website.
Today, in addition to covering second quarter 2022 results, updated 2022 guidance and KPIs, Joshua Steffan, GM of our Inspection and Real Estate software division will join us to provide an update on our progress in the Home Inspection Industry and several near and long term strategic initiatives.