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Q2 results saw Metromile's growth stalling and its losses widening as it struggled to cope with the fading of COVID-19 benefits. 2021 outlook was revised downwards significantly, with policies in force now expected to grow by just 8% year-on-year. We are concerned by the use of co...
Metromile, Inc. (MILE) Q2 2021 Earnings Conference Call August 09, 2021 05:00 PM ET Company Participants Garrett Edson - ICR Dan Preston - Chief Executive Officer Troy Dye - Senior Vice President, Growth Regi Vengalil - Chief Financial Officer Conference Call Participants Josh Siegler - Canto...
SAN FRANCISCO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the second quarter 2021 in its shareholder letter. The letter is acce...
SAN FRANCISCO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced two seasoned insurance and finance executives are joining its board of directors. John Butler, a managing director of C...
Shares of Metromile have collapsed by nearly half since the company's SPAC debut earlier this year. Metromile is a well-recognized car insurance vendor that has made a name for itself by offering per-mile-driven insurance plans. Car insurance is a heavily fragmented industry that ...
SAN FRANCISCO, July 29, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will release its second quarter financial 2021 results after the market closes on Monday...
On the conclusion of the 2021 Russell indexes annual reconstitution, the following financial and real-estate companies will join the Russell Microcap Index, effective June 28 after market opens.Financial stocks to be added to the Russell Microcap Index include: Ambac Financial Group (AMBC), A...
On the conclusion of the 2021 Russell indexes annual reconstitution, the following notable financial and real-estate companies will join the Russell 3000 Index, effective June 28 after market opens.Financial institutions set to join the Russell 3000 Index include: Finance Of America Companies...
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In an all-stock deal, the tech insurance company Lemonade (NYSE: LMND) will soon acquire the pay-per-mile car insurance company Metromile (NASDAQ: MILE) . CEOs of both companies recently reiterated expectations that the deal will close by the end of the second quarter, meani...
SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2022 on its website. The results are accessible on M...
Despite turbulence, Lemonade (NYSE: LMND) has opportunity ahead with its expansion into different insurance lines. In this clip from "IPO & SPAC Show" on Motley Fool Live , recorded on April 11 , Motley Fool contributor Jason Hall discusses the pros and cons of Lemonade'...