In the Q2, Progressive Corp's corporate clients experienced a fall by -34.86 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -36.81 %. During the corresponding time, Progressive Corp recorded a revenue increase by 7.29 % year on year, sequentially revenue grew by 6.4 %. While revenue at the Progressive Corp's corporate clients recorded rose by 6.51 % year on year, sequentially revenue grew by 2.95 %.
Customers of Progressive Corp saw their costs of revenue fall by -34.86 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -36.81 %, for the same period Progressive Corp recorded revenue increase by 7.29 % year on year, sequentially revenue grew by 6.4 %.
Sources:
Progressive Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Progressive Corp’s corporate clients.
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