RyanKing999
Lemonade (NYSE: LMND) reported earnings on February 27, 2023, which looked excellent initially. The company exceeded its guidance for Revenue, In-Force Premium ("IFP"), Gross Earned Premium ("GEP"), and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The company also looks like it remains on track to achieve positive net cash flow
Analyst’s Disclosure:I/we have a beneficial long position in the shares of LMND either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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