Lemonade To Announce Third Quarter 2022 Financial Results

NEW YORK, Oct. 18, 2022–(BUSINESS WIRE)–Lemonade, Inc. (NYSE: LMND) announced today that it will release its third quarter 2022 financial results on Tuesday, November 8, 2022 after market close. Lemonade will host a conference call the following day, Wednesday, November 9, 2022, at 8:00 a.m. Eastern Time (5:00 a.m. Pacific Time) to discuss the results.

To register for this conference call (Conference ID 10165840), please use this link. Registered persons receive a confirmation with dial-in data. Registered individuals can also dial in toll-free on 1.844.200.6205 or internationally on +1.929.526.1599, access code 046337. The conference can also be accessed via webcast via this link.

In addition to dial-in options, shareholders can participate by going to https://app.saytechnologies.com/lemonade-2022-q3 to ask Say questions before the conference call. The Q&A platform will be open for question submissions beginning November 1, 2022 at 8:00 am ET. Shareholders have until November 8, 2022 at 7:00 p.m. ET to submit questions and vote positively. Shareholders can email support requests to [email protected]

A live webcast of the call will be available on Lemonade’s Investor Relations website, investor.lemonade.com. A replay will also be made available at investor.lemonade.com upon the conclusion of the conference call.

About lemonade

Lemonade offers renters, homeowners, auto, pet, and life insurance. Powered by artificial intelligence and behavioral economics, Lemonade’s full-stack insurance carriers in the US and EU replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and doing everything instantly. Lemonade is a certified B-Corp and gives away unused rewards to charities chosen by its community during its annual giveback. Lemonade is currently available in the United States, Germany, Netherlands, France, and the United Kingdom and continues to expand globally.

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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 are not historical facts 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 could cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed by the forward-looking statements or implied 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 grow our customer base; the fact that the Lemonade brand may not become as well known as the incumbents’ brands, or that the brand may be tarnished; the denial of claims or our failure to pay claims accurately and on time; our ability to derive greater value from each user; the novelty of our business model and its unpredictable effectiveness and susceptibility to unintended consequences; the possibility that we may be forced to change or eliminate our giveback, which could undermine our business model; the investigations and other targeted investigations by our primary and other governmental insurance regulators that could lead to adverse investigation findings and require corrective action; our limited operating history; our ability to effectively manage our growth; the impact of intense competition in the segments of the insurance industry in which we operate on our ability to achieve or increase profitability; the unavailability of reinsurance at current levels and prices, which could limit our ability to win new business; our ability to renew reinsurance treaties of comparable duration and terms to those currently in force; our exposure to counterparty risk as a result of reinsurance; the loss of customer personal information, damage to our reputation and brand, or our business and operating results as a result of security incidents or actual or perceived errors, failures or errors in our systems, website or app; our actual or perceived failure to protect customer information and other data, respect customer privacy, or comply with data protection and security laws and regulations; our ability to comply with extensive insurance industry regulations and the need to incur additional costs or resources to comply with changes to existing regulations; our exposure to additional regulatory requirements specific to other vertical markets that we are entering or have entered, including auto, pet and life insurance, and the need to dedicate additional resources to comply with those regulations; Lemonade’s ability to successfully integrate Metromile’s operations, product lines and technology; Lemonade’s ability to execute on its plans, projections and other expectations regarding Metromile’s business post-closing and to realize additional opportunities for growth and innovation; Lemonade’s ability to realize anticipated synergies from the proposed transaction in the anticipated amounts or within the anticipated time frames or cost expectations, or at all; the ability to maintain relationships with Lemonade’s and Metromile’s respective employees, customers, other business partners and government agencies; and the other risks, uncertainties and important factors involved and identified; and our inability to predict the lasting effects of COVID-19 on our business specifically and the global economy generally. These and other important factors are discussed under the heading “Risk Factors” in our Form 10-K filed with the SEC on March 1, 2022, and actual results in our other filings with the SEC could differ materially from those reported in the Forward -looking statements in this press release. Such forward-looking statements represent management’s beliefs as of the date of this press release. Although we may elect to update any such forward-looking statements at any time 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
[email protected]

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