Doma Holdings Inc (DOMA) said after close Tuesday that it lost $1.66 per share in quarter three 2023.
On the revenue line, the company reported $76.2 million, missing estimates by $27.8 million.
In the same quarter a year ago, the company lost $3.5 per share on revenue of $107.9 million.
The stock is up 11.51% to $5.38 after the report.
Doma Holdings Inc's profit margins took a hit as earnings fell at a faster pace than revenues.
Wall Street Analysts had an average rating of Buy on the stock prior to the report.
InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 48. Meanwhile, the average Wall Street analyst rated the stock a Buy.
Doma Holdings Inc is architecting the future of real estate transactions. The company uses machine intelligence and its patented technology solutions to transform residential real estate, making closings instant and affordable.
News Home
Doma Holdings Inc Up 11.51% To $5.38 After Earnings Miss
Mentioned in this article
