Lemonade To Announce First Quarter 2021 Financial Results
April 23 2021 - 4:35PM
Business Wire
Lemonade, Inc. (NYSE: LMND) today announced it will release its
first quarter 2021 financial results on Tuesday, May 11, 2021 after
market close. Lemonade will host a conference call the following
day, Wednesday, May 12, 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
1-844-850-0549, or internationally at 1-412-902-4201.
In addition to the dial-in options, shareholders can participate
by going to https://app.saytechnologies.com/lemonade-2021-q1/ to
submit questions to Say prior to the earnings call. The Q&A
platform will be open for question submission starting May 5 at
8:00 am ET. Shareholders will be able to submit and upvote
questions until the start of the earnings call on May 12 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 health, and life
insurance in the United States, contents and liability insurance in
Germany and the Netherlands, and renters insurance in France,
through its full-stack insurance carriers. Powered by artificial
intelligence and behavioral economics, Lemonade set out to 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 for
most of 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 are discussed under the caption “Risk
Factors” in our Annual Report on Form 10-K for the period ended
December 31, 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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Lisa Horton lemonade@astrskpr.com
Lemonade (NYSE:LMND)
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