Reports Q2 revenue $382.9M, consensus $339.07M. The company said, ” The second quarter was another strong quarter for Root (ROOT). We set a new record on revenue, growing gross earned premium 21% to $371 million, while also improving net income by $30 million year-over-year to $22 million.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROOT:
