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Root, Inc. (ROOT) Q4 2021 Earnings Conference Call February 24, 2022 8:00 A.M. ET Company Participants Christine Patrick - Vice President of Investor Relations Alex Timm - Co-Founder and Chief Executive Officer Dan Rosenthal - Chief Operating Officer, Chief Revenue Officer, and Chief Financia...
Root (NASDAQ:ROOT) stock is surging 10% in after-hours trading after the insurance app company's Q4 loss was smaller than expected and Q4 revenue topped consensus. Q4 revenue of $84.9M beat the average analyst estimate of $61.9M, declined from $93.8M in Q3 and rose from $44.1M in th...
Root press release (NASDAQ:ROOT): Q4 GAAP EPS of -$0.44 beats by $0.06. Revenue of $93.2M (+83.1% Y/Y) beats by $31.34M. Shares +17%. For further details see: Root GAAP EPS of -$0.44 beats by $0.06, revenue of $93.2M beats by $31.34M
COLUMBUS, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter and year end December 31, 2021. Root’s fourth quarter and full year financial results and management commentary...
Lemonade and Roots Incorporated went public in 2020 and are now trading at about 80% below their peak. Both companies have promising offerings, but Lemonade appears to be far ahead on the growth curve than Root. Lemonade has exploded its topline growth with fast-paced customer gro...
COLUMBUS, Ohio, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced the successful completion of a new term loan facility with BlackRock Financial Management Inc., on behalf of funds and accounts under its management, and its ...
Shares of the car insurance company Root (NASDAQ: ROOT) were down nearly 20% heading into the final hour of trading today after the company announced layoffs on Thursday. Root is laying off 330 employees, which is equal to 20% of its workforce. The company said in a regulatory f...
COLUMBUS, Ohio, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the fourth quarter and full year of 2021 on February 24. The Company plans to relea...
Root (ROOT) is a popular auto-insurance company that made its stock market debut in October 2020. Though the company is continuously improving its underwriting capabilities and fine-tuning its operating efficiency, the stock has plummeted more than 80% in price over the past year. So, given R...
Shares of property and casualty insurer Lemonade (NYSE:LMND) fall more than 7% intra-day amid a broader decline in insurtech stocks. LMND is also off nearly 9% on a M/M basis and 66% Y/Y. Shares of LMND peers like Hippo Holdings (NYSE:HIPO) and Root (NASDAQ:ROOT)...
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2024-07-24 07:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
COLUMBUS, Ohio, July 16, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the second quarter on Wednesday, August 7, 2024 at 5:00 p.m. Eastern Time. The company pl...