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

1. Root, Inc. announced Q4 and 2024 financial results on February 26, 2025. 2. The company emphasizes its technology-driven approach to insurance services. 3. The Root app has 15 million downloads and 30 billion miles of data. 4. Live audio webcast for discussing results scheduled for February 26, 2025. 5. Shareholder letter and investor presentation available on the investor relations site.

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FAQ

Why Bullish?

Positive financial results and growing user base may enhance investor confidence, similar to previous quarterly earnings where upbeat results sparked market interest.

How important is it?

Earnings and future outlook are critical in influencing stock price and market sentiment, especially in tech-focused companies like Root.

Why Short Term?

The immediate release of earnings results generally influences short-term market behavior, often leading to quick investor reactions.

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CNCHUMCVGI
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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