- (PLX AI) – Lemonade Q2 adjusted EBITDA USD -50 million vs. estimate USD -65 million
- • Q2 net income USD -68 million
- • Lemonade raises FY EBITDA guidance to loss of $245-240 million, up from loss of $280-265 million previously
- • Says peak losses are expected this quarter (Q3 22), and EBITDA is expected to improve thereafter, through to profitability