LMND Q2 EPS loss (-$0.56) vs. est. loss (-$0.56); Q2 revenue rose 79% Y/y to $294.4M vs. est. $291.52M primarily driven by a 32% increase in
LMND Q2 EPS loss (-$0.56) vs. est. loss (-$0.56); Q2 revenue rose 79% Y/y to $294.4M vs. est. $291.52M primarily driven by a 32% increase in in force premium and higher premium retention following reduced quota share cession rates; sees Q3 revenue $323M-$326M, vs. consensus $320.69M; raises FY26 revenue view to $1.21B-$1.22B from $1.19B-$1.2B and also UPS FY26 adj EBITDA loss view to $47M-$51M from $48M-$52M; shares -7.5% premarket
LMND Q2 EPS loss (-$0.56) vs. est. loss (-$0.56); Q2 revenue rose 79% Y/y to $294.4M vs. est. $291.52M primarily driven by a 32% increase in in force premium and higher premium retention following reduced quota share cession rates; sees Q3 revenue $323M-$326M, vs. consensus $320.69M; raises FY26 revenue view to $1.21B-$1.22B from $1.19B-$1.2B and also UPS FY26 adj EBITDA loss view to $47M-$51M from $48M-$52M; shares -7.5% premarket