---
schema_version: "secwatch.filing_event.v1"
accession: "0001784535-24-000012"
form_type: "8-K"
ticker: "PRCH"
cik: "0001784535"
company_name: "Porch Group, Inc."
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:24:01.127863+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Porch Group: Q4 2023 ahead of guidance; repurchases $8M notes at 37.5% discount

## Summary
- Preliminary Q4 2023: Revenue and Adjusted EBITDA expected ahead of prior full-year guidance of $415M and $(52)M.
- Repurchased $8M aggregate principal of 0.75% senior convertible notes due 2026 for $3M (37.5% of par).
- Total debt reduced from $225M to $217M; transaction expected to close Feb 15, 2024.
- Full Q4 2023 earnings release and conference call scheduled for March 7, 2024.

## SEC filing metadata
- accession: 0001784535-24-000012
- form_type: 8-K
- ticker: PRCH
- cik: 0001784535
- company_name: Porch Group, Inc.
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000012/0001784535-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000012/prch-20240209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001784535-24-000012
- JSON: https://secwatch.observer/filing/0001784535-24-000012.json
- Plain text: https://secwatch.observer/filing/0001784535-24-000012.txt

## Key facts
- Earnings Releases
  Porch Group, Inc. updated its the quarter ended December 31, 2023 guidance (reaffirmed).
  - Period: the quarter ended December 31, 2023
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: issued a press release announcing preliminary financial information for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784535/000178453524000012/0001784535-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
