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MILE - Metromile EPS misses by $1.21 beats on revenue
Metromile Inc.
Metromile (MILE): Q1 GAAP EPS of -$1.37 misses by $1.21.Revenue of $17.28M (+98.8% Y/Y) beats by $7.41M.Full Year 2021 Outlook: We continue to expect to end the year with between 125,000 and 133,000 Policies in Force; Premium Run-Rate of between $143 million and $176 million; Accident Year Loss Ratio will be between 65% and 70%; Accident Year Contribution Margin between 8.5% and 13.5%.Shares -3.74%.Press Release