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Lemonade Announces Second Quarter 2024 Financial Results

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Lemonade, Inc. (NYSE: LMND) has announced the release of its second quarter 2024 financial results. The company has posted the results on its website in the form of a Letter to Shareholders, accessible through the investor relations page. To discuss these results, Lemonade will host a conference call on Wednesday, July 31, 2024, at 8:00 am Eastern time (5:00 am Pacific time).

Interested parties can register for the call using the provided link or dial in toll-free at (833) 470-1428 or (404) 975-4839, using the conference ID: 253964. A live webcast of the call will be available on the Lemonade Investor Relations website. Following the call, a replay will also be made available on the same website for those who couldn't attend the live session.

Lemonade, Inc. (NYSE: LMND) ha annunciato il rilascio dei risultati finanziari del secondo trimestre 2024. L'azienda ha pubblicato i risultati sul proprio sito web sotto forma di una Lettera agli Azionisti, accessibile attraverso la pagina delle relazioni con gli investitori. Per discutere di questi risultati, Lemonade organizzerà una chiamata conferenza mercoledì 31 luglio 2024, alle 8:00 ora dell'est (5:00 ora del pacifico).

Le parti interessate possono registrarsi per la chiamata utilizzando il link fornito oppure chiamare gratuitamente al (833) 470-1428 o (404) 975-4839, utilizzando l'ID conferenza: 253964. Un webcast dal vivo della chiamata sarà disponibile sul sito delle relazioni con gli investitori di Lemonade. Dopo la chiamata, un replay sarà anche reso disponibile sullo stesso sito per coloro che non sono riusciti a partecipare alla sessione dal vivo.

Lemonade, Inc. (NYSE: LMND) ha anunciado el lanzamiento de sus resultados financieros del segundo trimestre de 2024. La compañía ha publicado los resultados en su sitio web en forma de carta a los accionistas, accesible a través de la página de relaciones con los inversores. Para discutir estos resultados, Lemonade llevará a cabo una llamada de conferencia el miércoles 31 de julio de 2024, a las 8:00 am hora del este (5:00 am hora del pacífico).

Las partes interesadas pueden registrarse para la llamada utilizando el enlace proporcionado o llamar de forma gratuita al (833) 470-1428 o (404) 975-4839, utilizando el ID de la conferencia: 253964. Un webcast en vivo de la llamada estará disponible en la página de relaciones con los inversores de Lemonade. Después de la llamada, también se pondrá a disposición una grabación en el mismo sitio web para aquellos que no pudieron asistir a la sesión en vivo.

Lemonade, Inc. (NYSE: LMND)는 2024년 2분기 재무 결과 발표를 알렸습니다. 회사는 투자자 관계 페이지를 통해 주주에게 보내는 편지 형식으로 웹사이트에 결과를 게시했습니다. 이 결과를 논의하기 위해 Lemonade는 2024년 7월 31일 수요일 오전 8시 동부 표준시 (오전 5시 태평양 표준시) 에 컨퍼런스 콜을 개최할 예정입니다.

관심 있는 분들은 제공된 링크를 사용하여 전화에 등록하거나 (833) 470-1428 또는 (404) 975-4839로 무료 전화하여 회의 ID: 253964를 사용하면 됩니다. 실시간 웹캐스트는 Lemonade 투자자 관계 웹사이트에서 제공될 예정입니다. 콜 후에는 라이브 세션에 참석하지 못한 분들을 위해 같은 웹사이트에서 리플레이도 제공될 것입니다.

Lemonade, Inc. (NYSE: LMND) a annoncé la publication de ses résultats financiers du deuxième trimestre 2024. La société a mis à la disposition des résultats sur son site web sous la forme d'une lettre aux actionnaires, accessible via la page des relations avec les investisseurs. Pour discuter de ces résultats, Lemonade organisera une conférence téléphonique le mercredi 31 juillet 2024 à 8h00, heure de l'Est (5h00, heure du Pacifique).

Les parties intéressées peuvent s'inscrire à l'appel en utilisant le lien fourni ou composer le numéro sans frais au (833) 470-1428 ou (404) 975-4839, en utilisant l'ID de conférence : 253964. Un webinaire en direct de l'appel sera disponible sur le site des relations investisseurs de Lemonade. Après l'appel, un replay sera également mis à disposition sur le même site pour ceux qui n'ont pas pu assister à la session en direct.

Lemonade, Inc. (NYSE: LMND) hat die Veröffentlichung seiner finanziellen Ergebnisse für das zweite Quartal 2024 bekanntgegeben. Das Unternehmen hat die Ergebnisse in Form eines Schreibens an die Aktionäre auf seiner Webseite veröffentlicht, zugänglich über die Investor Relations Seite. Zur Diskussion dieser Ergebnisse wird Lemonade am Mittwoch, den 31. Juli 2024, um 8:00 Uhr Eastern Time (5:00 Uhr Pacific Time) eine Telefonkonferenz veranstalten.

Interessierte Parteien können sich über den bereitgestellten Link für die Konferenz anmelden oder kostenlos unter (833) 470-1428 oder (404) 975-4839 anrufen und die Konferenz-ID: 253964 verwenden. Ein Live-Webcast der Konferenz wird auf der Investor Relations Webseite von Lemonade verfügbar sein. Nach der Konferenz wird auf derselben Webseite auch eine Aufzeichnung für diejenigen zur Verfügung stehen, die nicht an der Live-Sitzung teilnehmen konnten.

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NEW YORK--(BUSINESS WIRE)-- Lemonade, Inc. (NYSE: LMND) has released its second quarter 2024 financial results by posting them to its website. Please view the Q2 2024 financial results in the Letter to Shareholders on the company’s investor relations website.

On Wednesday, July 31, 2024, Lemonade will host a conference call at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results.

To register for this conference call, please use this link. Registrants will receive confirmation with dial-in details. Registrants may also dial in, toll-free, at (833) 470-1428 or at (404) 975-4839, conference ID : 253964

A live webcast of the conference call will be available on the Lemonade Investor Relations website, investor.lemonade.com. Following the completion of the call, a replay will also be made available at investor.lemonade.com.

About Lemonade

Lemonade offers renters, homeowners, car, pet, and life insurance. Powered by artificial intelligence and social impact, Lemonade’s full stack insurance carriers in the US and the EU replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback. Lemonade is currently available in the United States, Germany, the Netherlands, France, and the UK, and continues to expand globally.

Follow @lemonade_inc on X for updates.

FORWARD LOOKING STATEMENTS

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release are forward-looking statements, including the date and time of the earnings call.

These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements expressed or implied to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to the following: our history of losses and that we may not achieve or maintain profitability in the future; our success and ability to retain and expand our customer base; the "Lemonade" brand may not become as widely known as incumbents' brands or the brand may become tarnished; the denial of claims or our failure to accurately and timely pay claims; our ability to attain greater value from each user; availability of reinsurance at current levels and prices; our exposure to counterparty risks; our limited operating history; our ability to manage our growth effectively; our proprietary artificial intelligence algorithms may not operate properly or as expected; the intense competition in the segments of the insurance industry in which we operate; our ability to maintain our risk-based capital at the required levels; our ability to expand our product offerings; the novelty of our business model and its unpredictable efficacy and susceptibility to unintended consequences; the possibility that we could be forced to modify or eliminate our Giveback; regulatory risks, related to the operation, development, and implementation of our proprietary artificial intelligence algorithms and telematics based pricing model; legislation or legal requirements that may affect how we communicate with customers; the cyclical nature of the insurance industry; our reliance on artificial intelligence, telematics, mobile technology, and our digital platforms to collect data that we utilize in our business; our ability to obtain additional capital to the extent required to grow our business, which may not be available on terms acceptable to us or at all; our actual or perceived failure to protect customer information and other data as a result of security incidents or real or perceived errors, failures or bugs in our systems, website or app, respect customers’ privacy, or comply with data privacy and security laws and regulations; periodic examinations by state insurance regulators; underwriting risks accurately and charging competitive yet profitable rates to customers; our ability to underwrite risks accurately and charge competitive yet profitable rates to our customers; potentially significant expenses incurred in connection with any new products before generating revenue from such products; risks associated with any costs incurred and other risks as we expand our business in the U.S. and internationally; our ability to comply with extensive insurance industry regulations; our ability to comply with insurance regulators and additional reporting requirements on insurance holding companies; our ability to predict the impacts of severe weather events and catastrophes, including the effects of climate change and global pandemics, on our business and the global economy generally; increasing scrutiny, actions, and changing expectations on environmental, social, and governance matters; our agreement with General Catalyst as a synthetic agent may not function as expected; fluctuations of our results of operations on a quarterly and annual basis; our utilization of customer and third party data in underwriting our policies; limitations in the analytical models used to assess and predict our exposure to catastrophe losses; potential losses could be greater than our loss and loss adjustment expense reserves; the minimum capital and surplus requirements our insurance subsidiaries are required to have; assessments and other surcharges from state guaranty funds; our status and obligations as a public benefit corporation; our operations in Israel and the current political, economic, and military instability, including the evolving conflict in Israel and surrounding region.

These and other important factors are described under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed on February 28, 2024, and in our other subsequent filings with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s beliefs as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

NEWS & INFORMATION DISCLOSURE

Investors should note that we may use our website (investor.lemonade.com), blog (lemonade.com/blog), X (@Lemonade_Inc), and LinkedIn as a means of disclosing information and for complying with our disclosure obligations under Regulation FD. The information we post through these channels may be deemed material. Investors should monitor these channels in addition to reviewing our press releases, SEC filings, and public conference calls.

Press:

Natalie Wilson

press@lemonade.com

Source: Lemonade, Inc.

FAQ

When will Lemonade (LMND) release its Q2 2024 financial results?

Lemonade (LMND) has already released its Q2 2024 financial results by posting them to its investor relations website in the form of a Letter to Shareholders.

When is Lemonade's (LMND) Q2 2024 earnings call scheduled?

Lemonade's (LMND) Q2 2024 earnings call is scheduled for Wednesday, July 31, 2024, at 8:00 am Eastern time (5:00 am Pacific time).

How can I access Lemonade's (LMND) Q2 2024 earnings call?

You can access Lemonade's (LMND) Q2 2024 earnings call by registering through the provided link or dialing in toll-free at (833) 470-1428 or (404) 975-4839, using the conference ID: 253964. A live webcast will also be available on the Lemonade Investor Relations website.

Where can I find Lemonade's (LMND) Q2 2024 financial results?

Lemonade's (LMND) Q2 2024 financial results can be found in the Letter to Shareholders on the company's investor relations website at investor.lemonade.com.

Lemonade, Inc.

NYSE:LMND

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Insurance - Property & Casualty
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