Doma says it's still on the path to profitability
Despite a quarter-over-quarter increase in purchase order volume, title insurance firm Doma still recorded a net loss in the second quarter.
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Despite a quarter-over-quarter increase in purchase order volume, title insurance firm Doma still recorded a net loss in the second quarter.
Doma Holdings Inc - Ordinary Shares (NYSE:NYSE:DOMA) Q1 2022 Earnings Conference Call May 10, 2022 05:00 PM ET Company Participants Beatriz Bartolome - Head of Investor Relations Max...
Despite a 40% year-over-year increase in market share during the first quarter of 2022, Doma Holdings was unable to produce a net profit.
Executives say the layoffs will save the company about $30 million a year and help it bring its technology to bear on purchase mortgages.
The following discussion and analysis of the financial condition and results of operations of Doma should be read together with the audited consolidated financial statements as of December 31, 2021 and 2020 and for the years ended December 31, 2021, 2020, and 2019 together with the related notes thereto, contained in this Annual Report on Form 10- K....