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Root, Inc. Announces 2024 Fourth Quarter and Full Year Results

1. Root, Inc. reported Q4 and full year 2024 financial results. 2. Management commentary and updated investor presentation are available online. 3. A conference call to discuss results is scheduled for February 26, 2025. 4. The Root app has nearly 15 million downloads with substantial driving data. 5. Root aims to transform insurance using data science and technology.

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FAQ

Why Bullish?

Strong app downloads and significant driving data may drive future growth. Historical examples show tech-driven insurance firms have excelled post-positive reports.

How important is it?

Earnings reports are critical events; positive data could lead to valuation adjustments. The transformative approach positions ROOT favorably in a competitive market.

Why Short Term?

Immediate conference call and results will influence investor sentiment quickly. Companies often see price changes within days post-earnings calls.

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CNOSHOPGELYFT
COLUMBUS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the fourth quarter and full year ended December 31, 2024. The company’s latest financial results, along with management commentary, is detailed in the shareholder letter available on Root’s investor relations website. An updated investor presentation is also accessible. Both can be found at ir.joinroot.com. Root will host a conference call and earnings webcast this evening, Wednesday, February 26, at 5:00 p.m. Eastern Time to discuss the results and provide an update on company operations. To listen to the live audio webcast, visit the News & Events section of Root’s Investor Relations website at ir.joinroot.com. Webcast and Conference Call Details: Date: February 26, 2025Time: 5:00 p.m. Eastern TimeParticipant Toll-Free Dial-In Number: 1 (877) 269-7751Participant Toll Dial-In Number: 1 (201) 389-0908 Webcast: https://ir.joinroot.com/news-events/events A replay of the webcast will be made available for on-demand viewing after the call on the Investor Relations page of the company’s website at ir.joinroot.com. About Root, Inc.Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. The Root app has nearly 15 million app downloads and has collected more than 30 billion miles of driving data to inform their insurance offerings. For further information on Root, please visit root.com. Contacts: Media:press@joinroot.com Investor Relations:ir@joinroot.com

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