Lemonade, Inc. released its first quarter 2025 financial results on May 6, 2025, reporting a loss of 86 cents per share. This result surpassed Wall Street expectations, which had an average estimate of a 94-cent loss per share, indicating better-than-anticipated performance.
The company's revenue for the quarter reached US$151.2 million, marking a 27% increase compared to the first quarter of 2024. This revenue performance also exceeded analyst estimates, demonstrating robust top-line growth.
Lemonade announced it has lifted its full-year guidance, reflecting confidence in its continued growth trajectory and operational improvements. The company also noted that it achieved its sixth consecutive quarter of accelerated premium growth, maintaining steady loss ratios despite the impact of the California wildfires.
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