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Lemonade Projects $8M Adjusted EBITDA in Q4 and Promises Breakeven

Lemonade logoLemonade
Sig2.84Sen+4.10Env0.00Soc0.00Gov0.00

Lemonade expects about $8 million in adjusted EBITDA for Q4. Its Q2 net adjusted EBITDA loss was $19 million, about 54% better than a year earlier, and Q3 produced a $20 million to $23 million net loss before turning positive in Q4. The firm forecasts $47 million to $51 million net loss for the year, but projects full-year adjusted EBITDA profitability in 2027.

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