Business GrowthDespite strong rate increases, the business continues to grow robustly and should continue to accelerate as recent growth investments yield fruit.
Financial PerformanceLemonade's results beat expectations on the top and bottom lines, and all key full-year guidance metrics were reaffirmed or raised.
Profitability OutlookLemonade was net cash flow positive for the second straight quarter and management reaffirmed its guidance for steady improvement due to sustained strength in underlying unit economics.