Lemonade To Announce Second Quarter 2021 Financial Results
July 22 2021 - 4:00PM
Business Wire
Lemonade, Inc. (NYSE: LMND) today announced it will release its
second quarter 2021 financial results on Wednesday, August 4, 2021
after market close. Lemonade will host a conference call the
following day, Thursday, August 5, at 8:00 am Eastern time (5:00 am
Pacific time) to discuss the results.
To register for this conference call (Conference ID 1015 5431),
please use this link. Registrants will receive confirmation with
dial-in details. Registrants may also dial in, toll-free, at
1-844-200-6205, participant access code 616470. The call can also
be accessed via webcast, using this link.
In addition to the dial-in options, shareholders can participate
by going to https://app.saytechnologies.com/lemonade-2021-q2 to
submit questions to Say prior to the earnings call. The Q&A
platform will be open for question submission starting July 29,
2021 at 8:00 am ET. Shareholders will be able to submit and upvote
questions until August 4, 2021 at 8:00 am ET. Shareholders can
email hello@saytechnologies.com for any support inquiries.
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, pet, and life insurance.
Powered by artificial intelligence and behavioral economics,
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, and
France, and continues to expand globally.
Follow @lemonade_inc on Twitter for updates.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements. 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 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 the fact that we may not
achieve or maintain profitability in the future; our ability to
retain and expand our customer base; the fact that 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; 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, which could undermine our business model;
the results of examinations by our primary state insurance
regulator that could result in adverse examinations findings and
necessitate remedial actions or give rise to regulatory orders
requiring remedial, injunctive, or other corrective action; our
limited operating history; our ability to manage our growth
effectively; the impact of intense competition in the segments of
the insurance industry in which we operate on our ability to attain
or increase profitability; the unavailability of reinsurance at
current levels and prices, which could limit our ability to write
new business; our ability to renew reinsurance contracts on
comparable duration and terms to those currently in effect; our
exposure to counterparty risks as a result of reinsurance; the loss
of personal customer information, damage to our reputation and
brand, or harm to our business and operating results as a result of
security incidents or real or perceived errors, failures or bugs in
our systems, website or app; our actual or perceived failure to
protect customer information and other data, respect customers’
privacy, or comply with data privacy and security laws and
regulations; our ability to comply with extensive insurance
industry regulations and the need to incur additional costs or
devote additional resources to comply with changes to existing
regulations; our exposure to additional regulatory requirements
specific to other vertical markets that we enter or have entered,
including auto, pet and life insurance, and the need to devote
additional resources to comply with these regulations; and our
inability to predict the lasting impacts of COVID-19 to our
business in particular, and the global economy generally. These and
other important factors, discussed under the caption “Risk Factors”
in our Annual Report on Form 10-K for the period ended December 30,
2020 and our other filings with the Securities and Exchange
Commission 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210722005950/en/
Lisa Horton lemonade@astrskpr.com
Lemonade (NYSE:LMND)
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