Trupanion Inc

NASDAQ:TRUPUnited States

Oct 30, 2024

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• -- Earnings Flash (TRUP) TRUPANION Reports Q3 Revenue $327.5M, from 4:12PM ET on Wednesday Oct 30, 2024 by MT Newswires

  4:12PM ET on Wednesday Oct 30, 2024 by MT Newswires
  Companies Mentioned: TRUP
  04:12 PM EDT, 10/30/2024 (MT Newswires) -- ...

• *DJ Trupanion 3Q EPS 3c >TRUP, from 4:05PM ET on Wednesday Oct 30, 2024 by Dow Jones

  4:05PM ET on Wednesday Oct 30, 2024 by Dow Jones
  Companies Mentioned: TRUP
  
  Adjusted operating income is a non-GAAP financial measure that adjusts operating income (loss) to remove the effect of acquisition cost, development expenses, non-recurring transaction or restructuring expenses, and gain (loss) from investment in joint venture. Non-cash items, such as stock-based compensation expense and depreciation and amortization, are also excluded. Acquisition cost, development expenses, gain (loss) from investment in joint venture, stock-based compensation expense, and depreciation and amortization are expected to remain recurring expenses for the foreseeable future, but are excluded from this metric to measure scale in other areas of the business. Management believes acquisition costs primarily represent the cost to acquire new subscribers and are driven by the amount of growth we choose to pursue based primarily on the amount of our adjusted operating income period over period. Accordingly, this measure is not indicative of our core operating income performance. We also exclude development expenses, gain (loss) from investment in joint venture, stock-based compensation expense, and depreciation and amortization because some investors may not view those items as reflective of our core operating income performance.