| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 254.9MM | +31% |
| Operating Income | 5.4MM | -144% |
| Operating Expenses | 249.5MM | +20% |
| Net Income | -6.2MM | -74% |
| G&A | 17.1MM | -15% |
| Marketing | 30.4MM | +15% |
| Interest Expense | 11.6MM | -1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Root, Inc. (NASDAQ:ROOT) Q1 2024 Earnings Call Transcript April 30, 2024 Root, Inc. beats earnings expectations. Reported EPS is $-0.42, expectations were $-2.51. ROOT isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and thank you for standing by. My […]
Root ( NASDAQ:ROOT ) First Quarter 2024 Results Key Financial Results Revenue: US$254.9m (up 264% from 1Q 2023). Net...
Q1 2024 Root Inc Earnings Call
Discover how Root Inc achieved its first positive operating income and adjusted EBITDA, alongside strategic responses to market dynamics.
Root (ROOT) delivered earnings and revenue surprises of 83.27% and 37.78%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
COLUMBUS, Ohio, April 30, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root’s first 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 ea
The first-quarter performance of ROOT, an auto insurer with a focus on the personal line, is likely to have benefited from better pricing and underwriting technology as well as prudent cost management.
Root, Inc. ( NASDAQ:ROOT ) insiders who purchased shares in the last 12 months were richly rewarded last week. The...
The latest trading day saw Root, Inc. (ROOT) settling at $60.02, representing a +1.44% change from its previous close.
Buying stocks up over 200% in 2024 is a tricky proposition. On one hand, you don’t want to fight momentum. Plenty of shorts have been burned trying to time a reversal in momentum for hot stocks like Tesla (NASDAQ:TSLA) and even former meme stock megalith Gamestop (NYSE:GME). Likewise, plenty of bulls have gotten cut trying to catch a falling knife, hoping for a resurgence. Still, determining which stocks will keep pumping and which — like Gamestop — are a dumpster fire is tough. Each of these th