The company’s Q3 results beat consensus on total revenue and adjusted EBITDA, but its key metrics remained subdued as net revenue retention declined to 96% on a last-12-month basis and Payments ...
Mortgage rates started ticking up from historic lows in the second half of 2021 and increased dramatically in 2022 and throughout most of 2023. But as inflation decelerated and the Fed geared up to ...
From 2021 to 2023, Lemonade's growth in customers, IFP, and GEP all decelerated as its adjusted gross margins contracted. That slowdown suggested it was saturating its niche, struggling to keep up ...