Hippo Holdings GAAP EPS of -$0.13 misses by $0.04, revenue of $28.7M misses by $0.97M

Aug. 11, 2022 4:33 PM ETHippo Holdings Inc. (HIPO)By: Niloofer Shaikh, SA News Editor
  • Hippo Holdings press release (NYSE:HIPO): Q2 GAAP EPS of -$0.13 misses by $0.04.
  • Revenue of $28.7M (+37.3% Y/Y) misses by $0.97M.
  • FY2022 Outlook: TGP of $790M-810M, reduced from $800M-820M, but still up over 30% versus 2021; Gross Loss Ratio of below 90%, improved from 100%; Revenues of $119M-121M, down from $140M-142M and consensus of $136.15M.

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