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Lemonade reports Q1 EPS (86c), consensus (93c)

Reports Q1 revenue $151.2M, consensus $144.98M. Q1 results were impacted primarily by the increase in growth spend and the impact of the California Wildfires and FAIR Plan assessment, partially offset by the increase in revenue. The Company’s cash, cash equivalents, and investments totaled approximately $1B at March 31.

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