Root Inc is a technology-driven insurance company that focuses on leveraging innovative data science and advanced algorithms to personalize the insurance experience for its customers
By utilizing mobile technology and telematics, the company aims to enhance the way insurance is priced and delivered, making it more accessible and affordable for users. Root's unique approach allows clients to receive tailored coverage based on their individual driving behavior and habits, promoting safer driving while fostering a more engaging and transparent relationship between the insurer and policyholders.
Revenue rose 68% year-over-year to $326.7 million during the quarter, far exceeding a Wall Street estimate of $287.79 million. Earnings per share came in at $1.3 compared to an estimated loss of $0.48.
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COLUMBUS, Ohio, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced its participation in the 2025 Association of Insurance and Financial Analysts (AIFA) Conference, taking place March 2-4, 2025, in Naples, Florida.
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COLUMBUS, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQROOT), 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.
Survey from Car Insurance Company Root Insurance reveals 44% of fans watched their favorite teams from the driver's seat, including 42% of Eagles fans and 36% of Chiefs fans
COLUMBUS, Ohio, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the fourth quarter and full year 2024 and provide an update on company operations on Wednesday, February 26, 2025 at 5:00 p.m. Eastern Time. The company plans to release fourth quarter and full year results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on Wednesday, February 26, 2024.
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COLUMBUS, Ohio, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance Company, is excited to announce its presence at the National Automobile Dealers Association (NADA) Show in New Orleans, Louisiana, from January 23 to January 26, 2025.
COLUMBUS, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced that the Company will participate in the 27th Annual ICR Conference taking place January 13 - 15, 2025 in Orlando, Florida.
