Lemonade To Announce Fourth Quarter 2022 Financial Results
February 02 2023 - 4:30PM
Business Wire
Lemonade, Inc. (NYSE: LMND) today announced it will release its
fourth quarter 2022 financial results on Wednesday, February 22,
2023 after market close. Lemonade will host a conference call the
following day, Thursday, February 23, 2023 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 1 844 200 6205 or
internationally at +1 929 526 1599, access code 866323. The call
can also be accessed via webcast, using this link.
In addition to the dial-in options, shareholders can participate
by going to app.saytechnologies.com/lemonade-2022-q4 to submit
questions to Say prior to the earnings call. The Q&A platform
will be open for question submission starting February 16, 2023 at
8:00 am ET. Shareholders will be able to submit and upvote
questions until February 22, 2023 at 7:00 pm ET. Shareholders can
email support@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, car, 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,
France, and the UK, and continues to expand globally.
Follow @lemonade_inc on Twitter for updates.
This press release may contain 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, 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 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 examinations and other targeted investigations by our primary
and other state insurance regulators that could result in adverse
examination findings and necessitate remedial actions; 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; the ability of Lemonade to successfully
complete the integration of Metromile’s operations, product lines
and technology; the ability of Lemonade to continue to implement
its plans, forecasts and other expectations with respect to
Metromile’s business and realize additional opportunities for
growth and innovation; the ability of Lemonade to realize the
anticipated synergies from the Metromile acquisition in the
anticipated amounts or within the anticipated timeframes or cost
expectations or at all; the ability to maintain relationships with
Lemonade’s and Metromile’s respective employees, customers, other
business partners and governmental authorities; 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 Form 10-K filed with the SEC on March 1, 2022 and in our other
filings with the SEC, and 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230202005761/en/
Natalie Gerke press@lemonade.com
Lemonade (NYSE:LMND)
Historical Stock Chart
From Jun 2024 to Jul 2024
Lemonade (NYSE:LMND)
Historical Stock Chart
From Jul 2023 to Jul 2024