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Root, Inc. Announces 2024 Third Quarter Results

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Root (NASDAQ: ROOT) announced its third quarter 2024 financial results. The company will host a conference call and earnings webcast on October 30, 2024, at 5:00 p.m. Eastern Time to discuss the results and provide operational updates. The financial results and management commentary are available through a shareholder letter on Root's investor relations website. An updated investor presentation is also accessible on ir.joinroot.com.

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News Market Reaction

+68.91%
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+68.91% News Effect

On the day this news was published, ROOT gained 68.91%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

COLUMBUS, Ohio, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root’s third quarter financial results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website. An updated version of the company’s investor presentation will also be available. Both can be found on ir.joinroot.com.

Root will host a conference call and earnings webcast to discuss the results and provide an update on company operations today, Wednesday, October 30, at 5:00 p.m. Eastern Time. To listen to the live audio webcast, please visit the News & Events section of Root’s Investor Relations website at ir.joinroot.com.

Webcast and Conference Call Details:

Date: October 30, 2024
Time: 5:00 p.m. Eastern Time
Participant Toll-Free Dial-In Number: 1 (877) 269-7751
Participant Toll Dial-In Number: 1 (201) 389-0908      

Webcast: https://ir.joinroot.com/news-events/events

A replay of the webcast will be made available for on-demand viewing after the call on the Investor Relations page of the company’s website at ir.joinroot.com.

About Root, Inc.
Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company. Root is revolutionizing insurance through data science and technology to provide consumers a personalized, easy, and fair experience. The Root app has more than 14 million app downloads and has collected nearly 29 billion miles of driving data to inform their insurance offerings.

For further information on Root, please visit root.com.

Contacts:

Media:
press@root.com

Investor Relations:
ir@root.com


FAQ

When will Root (ROOT) host its Q3 2024 earnings call?

Root (ROOT) will host its Q3 2024 earnings conference call on October 30, 2024, at 5:00 p.m. Eastern Time.

Where can I find Root's (ROOT) Q3 2024 financial results?

Root's Q3 2024 financial results and management commentary can be found in the shareholder letter posted on the company's investor relations website at ir.joinroot.com.

How can investors access Root's (ROOT) Q3 2024 earnings webcast?

Investors can access Root's Q3 2024 earnings webcast through the News & Events section of Root's Investor Relations website at ir.joinroot.com.
Root, Inc.

NASDAQ:ROOT

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1.13B
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5.85%
64.48%
11.33%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
COLUMBUS