Brief: Root Announces 2021 Fourth Quarter And Full Year Results

Root

23/02/2022 22:48

Feb 23 (Reuters) - Root Inc  ROOT.O :
    * ROOT, INC. ANNOUNCES 2021 FOURTH QUARTER AND FULL YEAR
RESULTS
    * ROOT INC - EXPECT APPROXIMATELY 25% OPERATING LOSS
IMPROVEMENT
IN THE FIRST HALF OF 2022
    * ROOT INC - CONTINUE TO EXPECT GROSS WRITTEN PREMIUM TO
REFLECT
SIGNIFICANT YEAR-OVER-YEAR DECLINES IN THE FIRST HALF OF 2022
    * ROOT INC - QTRLY TOTAL REVENUES $93.2 MILLION VERSUS $50.9
MILLION
    * ROOT INC - QTRLY LOSS PER COMMON SHARE $0.44

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