Economy · Full coverage
Lemonade Reports Strong Q2 but Disappointing Annual Outlook Sends Shares Tumbling
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Globes · 5 hours ago
What happened
Lemonade posted strong Q2 revenue growth but disappointed investors with a cautious full-year forecast and rising losses, causing its stock to fall over 20%.
- 01Lemonade's Q2 revenues rose 79% to $294 million, marking 11 quarters of growth.
- 02Full-year revenue forecast of $1.2 billion is 62% higher than 2025 but below expectations.
- 03Adjusted operating loss expected to increase to $20-23 million in Q3 and $50 million for the year.
- 04Operating expenses surged 41% due to higher customer acquisition costs.
- 05Shares dropped over 20% despite a 35% gain in the past year and a $5 billion market cap.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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