Root(ROOT) - 2024 Q3 - Quarterly Results
Root(ROOT)2024-10-30 20:05
Q3 2024 Shareholder Letter Root Inc Dear Shareholders For the first time in company history, Root reached net income profitability. This milestone, achieved in the third quarter of 2024, is on both a quarter-to- date and year-to-date basis. This is a pivotal moment for Root. This quarter validates the strength of our business model, our technology, and our customer value proposition. We have maintained conviction that our data science and machine learning acumen, our modern technology stack, and our delight ...